Bulgaria Adopts Euro, But Further EU Expansion Faces Significant Hurdles
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Bulgaria Adopts Euro, But Further EU Expansion Faces Significant Hurdles

Bulgaria joined the euro zone on Thursday, becoming the 21st EU member to adopt the currency. However, further expansion faces hurdles in remaining EU states like Hungary and Romania. Despite high public support for the euro in Hungary, Prime Minister Orban's euroscepticism and constitutional protection of the forint present obstacles. Romania is also struggling with its budget deficit and inflation, potentially delaying its adoption prospects.

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