Latvian euro coins

A report by the European Commission published on Wednesday said Bulgaria was not ready to adopt the common European currency.

Following assessments on the country's legal compatibility and its fulfilment of the convergence criteria, "the Commission considers that Bulgaria does not fulfil the conditions for the adoption of the euro," it said.

By European Commission President Jean-Claude Juncker

I have always said, Mr President, that the European Parliament is the Parliament of the euro, and I say it again today (December 15).