Bulgaria Set to Join Eurozone in 2026

The European Commission has given Bulgaria the go-ahead to join the eurozone single currency region as of January 1, 2026, the country's second major step in just one year on its path to full integration into the European Union. The commission, which met on June 4 to convey its decision on the issue, said Bulgaria fulfils the four nominal convergence criteria that are used to evaluate whether a country is ready for euro adoption. "The euro is a tangible symbol of European strength and unity," said European Commission President Ursula von der Leyen.…