Bulgaria Joins the Euro, Strengthening EU Ties Amid Challenges
TL;DR Summary
Bulgaria will adopt the euro on New Year's Day, replacing the lev, which is expected to boost cross-border trade, travel, and investment, while also giving Bulgaria a seat on the European Central Bank's governing council. The changeover involves currency conversion, with old notes exchanged for free until June 30, and aims to deepen economic ties with Western Europe, despite some public skepticism.
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