5759 | 4 Nov. 2025 | 12:04
"The Euro is more than a currency - it is a symbol of trust, security, and our European identity. Bulgaria is not only adopting the Euro - we are solidifying our place at the heart of Europe."
This statement was made by Prime Minister Rosen Zhelyazkov during a meeting with President of the European Central Bank, Christine Lagarde, the Government Information Service reported.
The Prime Minister expressed confidence that despite the challenges in fiscal policy, our country will approach them with realism and responsibility, just as Bulgaria approaches its European commitments. Also present at the meeting was the Governor of the Bulgarian National Bank, Dimitar Radev.
The Prime Minister emphasized that our country's accession to the Eurozone is both a responsibility and a privilege. "Responsibility, because it requires discipline and predictability, and privilege, because it places us in a community that embodies stability, trust, and security," stated Rosen Zhelyazkov.
The prime minister pointed out that the government sees the process of accession as a logical and historical step in the country's development and its full participation in European economic and financial structures.
During the meeting, it was noted that the Bulgarian National Bank and the Cabinet work in constant coordination with the European Central Bank and the European Commission.
The country's banking sector is already integrated within the framework of the Single Supervisory Mechanism, which ensures a high level of preparedness and coordination in the processes of adopting the euro.
The prime minister emphasized to Lagarde that a leading principle for the 2026 budget is fiscal responsibility.
The financial stability and predictability of public finances were the main topics discussed by European Central Bank President Christine Lagarde during her visit to Bulgaria. She emphasized that joining the eurozone will bring significant economic benefits to the country – lower business costs, increased investment, and greater financial security.
Prime Minister Zhelyazkov also highlighted the importance of building public trust and actively communicating throughout the process of adopting the euro. The goal is for Bulgarian citizens to view the euro as a tool for stability and new opportunities, rather than as a risk. In this context, the government and the Bulgarian National Bank will continue their information campaign and strengthen consumer protection measures during the transition period.
In conclusion, the Prime Minister and President of the ECB reaffirmed their mutual readiness for close cooperation and emphasized that Bulgaria is on the final track towards full membership in the eurozone as of January 1st, 2026.
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