Bulgaria Is on Track to Win EU Approval to Join the Euro Next Year
Sofia, Bulgaria.
Photographer: Sean Gallup/Getty Images
Bulgaria is close to clearing a major hurdle toward euro adoption, putting the Black Sea nation on course to join the currency area next year.
The minority government of Prime Minister Rosen Zhelyazkov is awaiting an assessment of its readiness on June 4, when the European Commission and the European Central Bank release their convergence reports.