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Eurozone

Bulgaria Joins the Eurozone Amid Widespread Anxiety and Uncertainty

Bulgaria will adopt the euro on Thursday, becoming the 21st member of the currency union in a move supporters say will anchor the economy and deepen ties to the West — even as a skeptical public fears higher prices and fresh instability. The shift ends more than two decades of operating under a strict currency board, in which the lev was first pegged to the German mark and later to the euro after the single currency’s rollout in 2002. Joining now gives Sofia a seat at the table where monetary policy decisions are made, a…