European Central Bank President Christine Lagarde announced that Bulgaria's transition to the Euro will bring prosperity and security to the country. This significant development indicates that Bulgaria's process of joining the Eurozone is accelerating.

Lagarde emphasized that Bulgaria is ready to adopt the Euro. She noted that the reforms undertaken in the country will enhance the benefits of joining the Eurozone.

Lagarde stated that the transition to the Euro will increase Bulgaria's economic stability and strengthen its credibility in international markets.

Bulgaria will become the 21st member of the Eurozone on January 1, 2026. This transition could significantly contribute to the country's economic growth.

However, there are some concerns among the public regarding the transition to the Euro. Fears of rising prices have led to social reactions. Lagarde acknowledged that these concerns are valid.

Lagarde stated that showing prices in both currencies will help keep inflation under control during the transition. She believes that consumer confidence in the new currency will increase during this process.