Bulgaria to join the eurozone
June 09, 2025
Q: Bulgaria plans to join 20 other European Union (EU) nations using the euro as their currency. After joining the eurozone on Jan.1, the Balkan nation will face rules limiting its government debt and budget deficit. Where is Bulgaria on the Black Sea?
Circle the area on this map
Q: Bulgaria is the poorest nation in the EU. Which is the richest?
A. Austria
B. Belgium
C. Germany
D. Luxembourg
Q: Bulgaria has a very low level of government debt – about 30,1% of its GDP. That’s well below the 60% level set for joining the eurozone. Which of Bulgaria’s neighbors has a huge debt of 190.2% of its GDP?
A. Greece
B. Romania
C. Serbia
D. Turkey
Q: The EU and European Central Bank aim to limit the debt and budget deficits of eurozone members to protect the value and stability of the euro currency. Bulgaria had an estimated budget deficit of $3.4 billion last year compared with the US deficit of $2.1 trillion, the largest in the world. Which nation had the biggest budget surplus?
A. Ireland
B. Kuwait
C. Norway
D. United Arab Emirates
Q: Which has the largest economy?
A. China
B. European Union
C. Russia
D. United States
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