On 1 February 2026, Bulgaria was the latest country to change currency, marking a shift from its old currency to the Euro.

For businesses, this was a greatly beneficial shift. It meant that they could take more risks, and invest in more capital goods, due to the fact that Euro provides more stability and is easier to use.

Businesses can exchange products with no exchange costs, and also it is easier to compare prices to other European nations. This is immensely impactful for businesses due to the fact that they have the ability to increase trade, which may also lead to economic growth.

It is also good for consumers, not only due to the fact that they can more salig compare prices to other countries in the European region, but also it allows them to have more choices in commerce and travel.

On the other hand, for some this shift was not appreciated. Some think that this shift in currency, will cause higher prices, and may even lead to inflation. This is especially detrimental, due to the fact that 22% of Bulgaria lives in poverty, where the conditions are subpar, and they do not have money for necessities. This group worries that with the new currency, prices will increase, and they will suffer.

Although this currency, may not be enjoyed by everyone, especially the lower classes, in terms of economic stability, it is a fact that the Euro is a more stable currency, with less fluctuations

in interest rates, and so will be beneficial in terms of achieving economic growth and increased investment.