Bulgaria to Adopt the Euro in 2026 Despite Domestic Opposition

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Source: Hacker News
TL;DR Summary

Bulgaria is set to join the euro area on January 1, 2026, marking a significant expansion of the eurozone, which has generally been considered a success despite criticisms. The move raises debates about monetary sovereignty, economic control, and the benefits versus disadvantages for developing countries like Poland, which is cautious about adopting the euro due to concerns over losing control of monetary policy and potential economic disparities. The discussion also touches on the broader implications of eurozone expansion, governance, and the economic and political consequences for member states.

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