Bulgaria says it is back on track to join the Eurozone in 2026, after repeated delays because of political turmoil and failing to meet inflation targets.
Sofia’s adoption of the euro was postponed last year when inflation exceeded the threshold required for membership. Now that inflation has slowed to 3.5 per cent in April, Bulgaria expects the European Commission to confirm next week that the country has met the criteria required to join the euro.
“We expect a positive convergence report,” said Prime Minister Rosen Zhelyazkov last week.
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