Bulgaria. Bulgaria is a member country of the EU since January 1, 2007, with its geographic size of 110,370 km², and population number 7,202,198, as per 2015. … Its currency is the Bulgarian Lev (BGN).
Why does Bulgaria not use the euro?
Since 2011, Bulgaria’s non-membership of the ERM has been the primary factor that prevented their euro membership, as Bulgaria met the other criteria for euro adoption. In July 2011, Dyankov stated that the government would not adopt the euro as long as the European sovereign-debt crisis was ongoing.
Will Bulgaria join the EU?
Is Bulgaria in the EU? Yes, Bulgaria joined the European Union on January 1st, 2007. There are currently 17 members of the European Parliament (MEPs) from Bulgaria. … The nation continues to use the Bulgarian lev (BGV) but has committed to joining the Euro once it meets all the requirements.
When did Bulgaria join EU?
On 1 January 2017, ten years had elapsed since Romania and Bulgaria became members of the European Union. The 2005 Treaty of Accession of Romania and Bulgaria to the EU was signed on 25 April and entered into force on 1 January 2007.
Is Bulgaria switching to euro?
Bulgarian government has confirmed the country’s plans to adopt the euro as its official currency on 1 January, 2024, without a transitional preparatory period – all institutions and shops in the country will be obliged to accept payments in euros from the first moment of its adoption.
Are Bulgaria in the Euros 2021?
They have also competed at the Balkan Cup, winning three titles. However, Bulgaria has failed to qualify for any major tournament since UEFA Euro 2004.
Bulgaria national football team.
|Home stadium||Vasil Levski National Stadium|
|First colours Second colours|
|Current||71 1 (19 November 2021)|
Is Bulgaria in Schengen?
Today, the Schengen Area encompasses most EU countries, except for Bulgaria, Croatia, Cyprus, Ireland and Romania.
How did Bulgaria join the EU?
On 1 January 2007, Bulgaria and Romania became member states of the European Union (EU) in the fifth wave of EU enlargement.
Why did Bulgaria join the EU?
The widespread corruption at all levels of the Bulgarian government, the lack of transparency and professionalism of state institutions and the inefficiency of the judiciary system were the main reasons that made the European Commission extend the conditionality mechanism beyond accession.
Is Bulgaria a poor country?
The World Bank classifies Bulgaria as an upper-middle income nation. Its economy is powered by construction, mining, services – which include tourism – and agriculture sectors. … Bulgaria has a well-educated workforce, but it is considered the poorest nation in the European Union.
Is Bulgaria in Western Europe?
listen); Bulgarian: България, romanized: Bǎlgariya), officially the Republic of Bulgaria, is a country in Southeast Europe. It lies on the eastern flank of the Balkans, and is bordered by Romania to the north, Serbia and North Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east.
Is Bulgaria in northern Europe?
Bulgaria, officially Republic of Bulgaria, Bulgarian Republika Bŭlgariya, country occupying the eastern portion of the Balkan Peninsula in southeastern Europe. Founded in the 7th century, Bulgaria is one of the oldest states on the European continent.
Which countries belong to the European Union?
The EU countries are: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden.
What currency does Bulgaria use?
The Bulgarian lev (BGN) is the official currency of Bulgaria. While Bulgaria is an EU member state, it has not adopted the euro as its currency. Each lev (meaning ‘lion’) can be divided into 100 stotinki. The plural of lev is leva.
Which countries want to join the eurozone?
Seven remaining states are on the enlargement agenda: Bulgaria, Croatia, the Czech Republic, Hungary, Poland, Romania and Sweden. Bulgaria and Croatia participate in ERM II, while the remaining states have not joined yet.