“The Bulgarian government is already in euro phase-in mode,” Prime Minister Rosen Zhelyazkov told a briefing at the Council of Ministers in Sofia

“The Bulgarian government is already in euro phase-in mode,” Prime Minister Rosen Zhelyazkov told a briefing at the Council of Ministers in Sofia on Wednesday following the publication earlier in the day of the European Commission’s and the European Central Bank’s convergence reports on Bulgaria’s preparedness to join the euro area on January 1, 2026. According to Zhelyazkov, Bulgaria will be governed by several principles. “First, it will be a phased, calm introduction of the European currency in Bulgaria rather than a chaotic effort. The processes need to be calm,…