On 1 January 2026, Bulgaria have adopted the euro as its currency, marking an important milestone for the country, for the history of the euro, and for the EU as a whole. This follows a period of intensive preparation and effort by Bulgaria to meet all the necessary requirements. The euro will deliver practical benefits […]
Eurozone finance ministers agree on fiscal policy guidelines
Macro-economic developments The Eurogroup discussed macro-economic developments and policy challenges in the euro area in the current global context, with input from the International Monetary Fund, which presented the outcome of its interim visit, carried out in the context of its Article IV consultation of the euro area. The IMF Article IV review of the euro area is a regular […]
Inflation and unemployment in the Euro area – November 2019
Euro area annual inflation is expected to be 1.0% Euro area annual inflation is expected to be 1.0% in November 2019, up from 0.7% in October according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected […]