Bulgaria has gotten the all-clear from two key European Union institutions to adopt the euro in January 2026. The bloc’s executive arm, the European Commission, and the European Central Bank said in separate reports that all the requirements on issues including inflation and public debt have been fulfilled.

Bulgaria has the green light to join the euro next year and become the 21st member of the European Union's currency union.

Bulgaria's accession to the euro zone as of January next year will bring higher economic growth and higher living standards for the people, Prime Minister Rosen Zhelyazkov said on Thursday. On Wednesday,