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Bulgaria Euro Adoption Legislative Resolution

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Published July 8th, 2025
Detected March 31st, 2026
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Summary

European Parliament adopted a legislative resolution approving Bulgaria's adoption of the euro currency on 1 January 2026. The resolution follows Council Decision consultation procedure COM(2025)0304 and represents the final parliamentary approval step before Bulgaria becomes the 21st euro area member state. All pricing, contracts, and financial systems must transition to euro denomination by the target date.

What changed

The European Parliament adopted legislative resolution P10_TA(2025)0139 on 8 July 2025, providing final approval for Bulgaria to adopt the euro on 1 January 2026. This follows Council consultation procedure C10-0110/2025 (2025/0158(NLE)) and represents the parliamentary stage of the euro adoption decision-making process under EU Treaties. Bulgaria will replace the lev with the euro, becoming the 21st member of the euro area.

Businesses operating in or with Bulgaria must prepare for dual-pricing transition periods, currency conversion requirements, and system updates for euro transactions. Financial institutions should verify readiness for euro-denominated payments, reporting, and customer communications. Consumers should be informed of pricing transparency requirements and the dual-display period before full euro transition.

What to do next

  1. Verify pricing systems can display dual currency (lev/euro) during transition period
  2. Update financial reporting and banking systems for euro denomination
  3. Prepare customer communications regarding euro adoption timeline and procedures

Source document (simplified)

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P10_TA(2025)0139 – Bulgaria's adoption of the euro on 1 January 2026 – European Parliament legislative resolution of 8 July 2025 on the proposal for a Council decision on the adoption by Bulgaria of the euro on 1 January 2026 (COM(2025)0304 – C10-0110/2025 – 2025/0158(NLE)) (Consultation)

OJ C, C/2026/1448, 31.3.2026, ELI: http://data.europa.eu/eli/C/2026/1448/oj (BG, ES, CS, DA, DE, ET, EL, EN, FR, GA, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

ELI: http://data.europa.eu/eli/C/2026/1448/oj

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Display Text

| | Official Journal
of the European Union | EN

C series |

| | C/2026/1448 | 31.3.2026 |
P10_TA(2025)0139

Bulgaria's adoption of the euro on 1 January 2026

European Parliament legislative resolution of 8 July 2025 on the proposal for a Council decision on the adoption by Bulgaria of the euro on 1 January 2026 (COM(2025)0304 – C10-0110/2025 – 2025/0158(NLE))

(Consultation)

(C/2026/1448)

The European Parliament,

| — | having regard to the Commission proposal to the Council (COM(2025)0304), |

| — | having regard to Article 140(2) of the Treaty on the Functioning of the European Union, pursuant to which the Council consulted Parliament (C10-0110/2025), |

| — | having regard to the Commission Convergence Report 2025 and the European Central Bank Convergence Report of June 2025, |

| — | having regard to Rule 108 of its Rules of Procedure, |

| — | having regard to the report of the Committee on Economic and Monetary Affairs (A10-0113/2025), |

| 1. | Approves the Commission proposal; |

| 2. | Calls on the Council to notify Parliament if it intends to depart from the text approved by Parliament; |

| 3. | Asks the Council to consult Parliament again if it intends to substantially amend the text approved by Parliament; |

| 4. | Instructs its President to forward Parliament’s position to the Council, the Commission, the European Central Bank, the Eurogroup and the governments of the Member States. |
ELI: http://data.europa.eu/eli/C/2026/1448/oj

ISSN 1977-091X (electronic edition)

Top

Named provisions

Bulgaria's adoption of the euro on 1 January 2026 Council Decision consultation

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
EP
Published
July 8th, 2025
Compliance deadline
January 1st, 2026 (89 days ago)
Instrument
Consultation
Legal weight
Binding
Stage
Final
Change scope
Substantive
Document ID
OJ C C/2026/1448 / COM(2025)0304 – C10-0110/2025 – 2025/0158(NLE)
Docket
C10-0110/2025 2025/0158(NLE)

Who this affects

Applies to
Banks Government agencies Consumers
Industry sector
5221 Commercial Banking 9211 Government & Public Administration 4411 Retail Trade
Activity scope
Currency Transition Euro Adoption Financial System Updates
Geographic scope
European Union EU

Taxonomy

Primary area
Banking
Operational domain
Compliance
Compliance frameworks
Dodd-Frank
Topics
Monetary Union Currency Transition Euro Zone

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