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A 21st member of the euro area for 2026: Bulgaria
[Un 21e membre pour la zone euro en 2026 : la Bulgarie]

Author

Listed:
  • Alix Berthélemé
  • Aude Chassaing
  • Florian Le Gallo

Abstract

After joining the European Union in 2007, Bulgaria will adopt the euro on 1 January 2026 and become the 21st member of the euro area. Bulgaria’s entry was enabled by its compliance with the convergence criteria and its accession will strengthen its economic integration with its euro area partners. However, it still has institutional and structural challenges to face if it is to accelerate its economic catch-up. Après avoir rejoint l’Union européenne en 2007, la Bulgarie adoptera l’euro le 1er janvier 2026, devenant ainsi le 21e membre de la zone euro. Permise par le respect des critères de convergence, cette entrée renforcera l’intégration économique de la Bulgarie avec ses partenaires de la zone euro. Des défis institutionnels et structurels demeurent pour accélérer son rattrapage économique.

Suggested Citation

  • Alix Berthélemé & Aude Chassaing & Florian Le Gallo, 2025. "A 21st member of the euro area for 2026: Bulgaria [Un 21e membre pour la zone euro en 2026 : la Bulgarie]," Eco Notepad 425, Banque de France.
    • Handle: RePEc:bfr:econot:425
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    File URL: https://www.banque-france.fr/en/publications-and-statistics/publications/21st-member-euro-area-2026-bulgaria
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    File URL: https://www.banque-france.fr/fr/publications-et-statistiques/publications/un-21e-membre-pour-la-zone-euro-en-2026-la-bulgarie
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