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Bulgaria to work for introduction of the euro in 2024

Prime Minister Kiril Petkov has reaffirmed the government's commitment to adopting the euro. Petkov told Bloomberg TV Bulgaria that public support for the introduction of the single currency needs to be actively strengthened. "The..

06.01.22 11:38 |

Eurobarometer: 77% of Bulgarians believe that the adoption of the euro will raise prices

54% of Bulgarian citizens support the introduction of the euro. However, 66% of them believe that Bulgaria is not yet ready for the transition to the EU's single currency. This is shown by the results of a Eurobarometer survey published today, BNR..

09.07.21 16:43 |

No risk of artificial rise of prices after adopting the euro

The indicative deadline for the introduction of the euro is January 2024 and five months before this date and a whole year after that, prices in stores would be written in both euros and levs. This will allow us to compare prices in the two..

05.07.21 18:55 |

The introduction of the euro is planned for January 1, 2024

The Bulgarian National Bank has informed that a draft National Plan for the introduction of the euro in Bulgaria has been adopted with a target date of January 1, 2024. The introduction is planned without a transitional period, and the date of adoption..

30.06.21 19:26 |

Bulgaria maintains its objective of replacing the Lev with the euro in 2024

Even though the deficit will exceed the criteria for entry into the Eurozone, Bulgaria maintains the objective of introducing the single currency in 2024. This is made clear by the convergence programme for the 2021-2023 period voted by the..

10.05.21 18:47 |

Valdis Dombrovskis before BNR: Bulgaria can introduce the euro in 2024

"Bulgaria is still working on the recovery plan - especially in its parts relating to green goals and social inclusion, before presenting it in Brussels," European Commission Vice President Valdis Dombrovskis told the BNR. According to him, a country..

13.04.21 17:23 |

Printing house for counterfeit currency busted in a university in Sofia

A man and a woman have been detained on charges of manufacturing counterfeit euros and dollar bills and ID documents. The two worked at a university in Sofia, where the man worked as a printer on an employment contract. Authorities declined to specify..

16.03.21 16:04 |

The draft plan for the introduction of the euro should be ready by 30 June, 2021

A national plan for the introduction of the euro in Bulgaria should be drawn up by 30 June, 2021, and the indicative date for membership of the currency union is 1 January, 2024. This is made clear by a draft decree by the Council of..

05.03.21 19:00 |

Fitch affirms Bulgaria's credit rating at ‘BBB’ with stable outlook

The international rating agency Fitch has confirmed Bulgaria's long-term credit rating in foreign and local currency "BBB" with a stable outlook , the press center of Bulgaria's Ministry of Finance announces. The rating is supported by the..

22.08.20 10:58 |

Bulgaria in ERM II – what's next?

At the backdrop of protests against and in support of the government, somehow the important topic of Bulgaria's accession to the ERM II mechanism and the banking union as a step towards its future entry into the eurozone remained in the..

13.07.20 14:43 |
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