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Bulgaria could adopt euro in January 2023

Euro adoption in Central and Eastern European countries would be positive for their sovereign creditworthiness, according to ratings agency Fitch.

However, the agency believes that the earliest euro adoption could take place is January 2023 for Bulgaria and January 2024 for Croatia, assuming these countries are successful in meeting European Exchange Rate Mechanism (ERM II) criteria and then the wider convergence criteria.

Source: emerging-europe

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