Bulgarian Transition to Euro Celebrated

SOFIA – Bulgaria officially transitioned to the euro on January 1, 2026, marking the moment with a display of euro coins on the central bank building and a fireworks show that celebrated this significant milestone.

As the clock struck midnight, the euro replaced the lev, effectively ending the lev’s long history in Bulgaria.

Now part of the eurozone, the number of people using the euro across Europe has risen to over 350 million. Croatia was the last country to adopt the euro, doing so in January 2023.

Stefan Bisterkov, a driving instructor, shared his perspective: “If I had 10,000 leva, it’s now 5,100 euros. It’s about the same, and I believe it’ll be better.” His optimism reflects a common sentiment among those in favor of the transition.

Additionally, joining the eurozone means Bulgaria gains representation on the European Central Bank’s rate-setting board, further integrating the nation into European financial systems.

Since joining the EU in 2007, various Bulgarian governments have pushed for this change. However, public opinion is mixed; while surveys reveal some hesitancy among citizens, many businesses welcome the shift. Jeweler Antonia Tsvetkova expressed a positive outlook, stating, “I think there’s nothing to worry about. We will benefit.” She anticipates easier transactions for travelers as well.

Despite some excitement, concerns linger for a portion of the population who fear that the euro may lead to increased prices. This skepticism comes on the heels of recent political turmoil, as the government resigned last month amid protests over proposed tax hikes.