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The Bulgarian euro outlook unveiled in Budapest
On 29th October 2025 on the premises of the Representation of the European Commission in Hungary, Európa Pont, the Embassy of the Republic of Bulgaria to Hungary presented a posters’ exhibition dedicated to the upcoming 1st of January 2026 adoption of the Еuro as the official currency in the Republic of Bulgaria.
The exhibition of thematic posters „Bulgaria and the Euro“, provided by the International Triennial of the Stage Poster – Sofia, was presented to ambassadors accredited to Hungary, official representatives of Hungarian institutions, as well as public figures, representatives of the academic and cultural circles and the media. The event was opened by the Head of the Representation of the European Commission in Hungary, H.E. Mr. Gabor Zupkó, as well as by the Ambassador Extraordinary and Plenipotentiary of the Republic of Bulgaria to Hungary, Mr. Christo Polendakov.
Congratulatory address and information about the exhibition were also provided by Ms. Katalina Vasileva, author of several of the posters, senior expert at the State Institute for Culture at the Minister of Foreign Affairs of the Republic of Bulgaria.
The opening of the exhibition launches a series of events aimed at popularizing Bulgaria’s accession to the Eurozone among the Hungarian public. Some of the posters will be displayed on the fence of the Embassy of the Republic of Bulgaria in Budapest. The opening of the exhibition was preceded by a lecture on the topic of the adoption of the Euro by the Republic of Bulgaria, which Ambassador Christo Polendakov delivered to students at the prestigious Corvinus University of Budapest, the Bulgarian embassy wrote.
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The Euro is the dead blow for Bulgaria.
Grok AI on Bulgaria reports: “In summary, Bulgaria’s euro adoption—enabled by its prudent peg and low vulnerabilities—tips economically positive, fostering growth and resilience if reforms sustain momentum. This aligns with broader EU expansion goals amid global shifts”. Adoption of the Euro brings two advantages for any economy. It brings dramatically lower interest rates which assists economic growth and it facilitates trade by taking away uncertainty of future exchange rates when transactions are completed. The disadvantage is the inability to raise or lower interest rates to address country specific economic conditions and therefore a greater need for governments to exercise fiscal restraint to control inflation because there is no ability to control it through interest rates. Grok AI however reports that Hungary does not meet any of the conditions for Euro adoption. Hungary’s economy short-term is too fragile for adoption. Long-term it would be potentially positive. Hungary is just economically behind Bulgaria. That’s what you get when you turn into a Russia centered country.