The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at the officially announced exchange rate (1.95583 BGN = 1 EUR). That will be done free of charge, the Association of Banks in Bulgaria told BTA following the positive assessments by the European Commission and the European Central Bank regarding Bulgaria's readiness to join the eurozone as of January 1, 2026.
The Bulgarian National Bank (BNB) will exchange BGN for EUR free of charge, in unlimited amounts and with no time limits, said BNB.
The government will work to ensure a smooth transition to the euro
EP, ECB convergence reports greenlight Bulgaria's entry into the eurozone
Other banks and "Bulgarian Posts" will exchange currency free of charge during the first 6 months from the date of the euro's introduction in Bulgaria. For transactions exceeding 30,000 BGN in banks, a prior request will be required. At "Bulgarian Posts," for amounts between 1,000 and 10,000 BGN per day per person, a prior request will be required 3 to 5 business days in advance.
Edited by Miglena IvanovaPublished and translated by Kostadin Atanasov
Photo: BTA
On Wednesday , the lowest temperatures will be between 3 and 8°C. In the regions with strong wind it will be up to 10-12°C. In Sofia it will be around 4°C. In the western parts of the Danube Plain and the Upper Thracian Plain it will..
Following a series of fires in the Burgas area last summer, including one that destroyed homes in a local villa district, the Burgas municipality has acquired high-tech drones equipped with thermal cameras, night vision, and 3D imaging . The two..
Illegal migrants from Syria, Iraq and Iran have been discovered in Sofia, and ten members of an organised criminal group have been arrested , Deputy City Prosecutor Desislava Petrova told reporters. Two of those arrested have been charged as the..
Mostly Cloudy
Partly Cloudy
Cloudy
Fog