On New Year’s Day, Bulgaria becomes the 21st country to join the euro currency union, furthering its integration into the European Union. But the historic milestone arrives amid political instability ...

The country has also just switched its currency to the euro and became part of the Schengen Zone in 2025, making it a great ...

Bulgaria has undergone a significant transformation over the past three decades. It has transformed from a highly centralized, planned economy to an open, market-based, high-income economy securely ...

This is read by an automated voice. Please report any issues or inconsistencies here. Bulgaria becomes the eurozone’s 21st member on Jan. 1 after years of meeting strict economic convergence criteria.