On Monday 17 February, the President of the Eurogroup, Paschal Donohoe, welcomed the efforts of the Bulgarian authorities to be able to adopt the single currency, potentially by early 2026.
Once it considers that it is ready, the Bulgarian government will submit a request to the ECB and the European Commission to produce updated convergence reports, said Mr Donohoe.
“Bulgaria has made further progress towards meeting the price stability criterion, which was the only criterion it did not...