Sharp was promoted from silver to gold in the 800m at the 2012 European Championships and from bronze to silver at the 2011 European Under-23 Championships after Russian runner Yelena Arzhakova was banned for two years for a doping offence.
The Scot, who is coached by Terrence Mahon, will now be presented with her gold in front of her home crowd at the Sainsbury's Glasgow International Match at the Emirates Arena on Saturday, January 25.
The Edinburgh AC athlete said: "When I was first told about my upgrade, my reaction to the news was a mixture of disappointment, satisfaction and elation. I was disappointed that another athlete has been discovered breaking the rules and that I was denied the chance to hear my national anthem played in the stadium. But I'm pleased that the system is working, that the athlete in question has been caught.
"It will be a very special moment for me, my family and my support team when I'm presented with my European medal at the Sainsbury's Glasgow International Match. It will be made even more special that I will be receiving it on home soil, in front of a home crowd.
"It's a great way to start 2014 and with my injury rehab going well, I'm aiming to be fully fit for the Commonwealth Games in July and to defend my European title in Zurich."
British Athletics Performance Director Neil Black said: "It was a disappointment to us all that Lynsey did not get the moment on the podium that she deserved in Helsinki but we look forward to making a presentation to her at the Sainsbury's Glasgow International Match in front of her home crowd this weekend."
Scottish Athletics chief executive Nigel Holl said: "It has taken a lot of lobbying with European Athletics by British Athletics for this to happen and it is very important there is a formal recognition of a stunning achievement by Lynsey.
'We've been involved in the process and we're delighted for her after a lengthy wait. Hopefully Saturday will make up in some way for being denied the moment of glory in Helsinki back in 2012.
'It is great for the sport in Scotland when someone who came through the ranks of one or our clubs, in this case Edinburgh AC, performs so well at elite level and it definitely acts as inspiration for youngsters in track and field and indeed all strands of the sport."