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When the first euro bank notes and coins were rolled out in January 1, 2002, only 12 countries were part of the single-currency area including France, Germany, Ireland, Italy and Spain.
Bulgaria is unusual in that it pegged its currency, the lev, to the euro right from the beginning of monetary union in 1999, even before it joined the European Union in 2007. Bulgaria also has ...
The European Commission has given Bulgaria the go ahead to join the euro zone single currency region as of January 1, 2026, according to a document seen by Radio Free Europe/Radio Liberty.
The euro zone is set to continue its eastward expansion after Bulgaria was deemed ready to become the currency bloc’s 21st member. The European Commission recommended on Wednesday that the Black ...
“Adopting the euro will make us feel the threshold of poverty. After all, prices will be in euros,” said 78-year-old retiree Tanya Ignatova. “Bulgaria is not ready for the euro.
Euro-area inflation eased more than expected, dipping below the European Central Bank’s 2% target and supporting the case for interest rates to be lowered further.. Consumer prices rose 1.9% ...
Bulgaria is on track to adopt the euro in January 2026, a development which would support the stability of the highly euro-ised economy, improve monetary-policy flexibility and enhance sovereign ...
ISTANBUL. The euro has the potential to replace the US dollar as the global reserve currency, but “the lack of unity within the eurozone” and the depth of the American capital markets remain ...
The euro could become a viable alternative to the dollar, earning the 20-nation bloc immense benefits, if governments could only strengthen the bloc's financial and security architecture, ECB ...
EUR/USD trades in a tight range above 1.1300 on Thursday. The business activity in Germany's and the Eurozone's private sector contracted in May. The pair remains technically bullish in the near term.
The 2024–25 European Golden Boot has been awarded to a first-time winner. Viktor Gyökeres scored in Sporting Lisbon's title-deciding victory in the last game of the Primeira Liga season to up ...