Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

A bank CEO: ATMs will be filled with euros on the night of 1 January 2026

Photo: BNT

ATMs will be stocked with euros on the night of 1 January 2026, so that by morning everyone will be able to withdraw euro banknotes. Nikola Bakalov, CEO of one of Bulgaria’s leading banks and a member of the Management Board of the Association of Banks in Bulgaria, told BNR.


He also reiterated the appeal of banking institutions: 'Anyone who has large amounts of Bulgarian levs in cash should deposit them into their account free of charge. On New Year's Eve, these funds will automatically be converted into euros at the official exchange rate of 1.95583 levs per euro.'


'This is the only way to do it without any effort. After 1 January, it will still be free and fixed, but we expect that, in the first few days after New Year's Eve, quite a few people will remember at the last minute that they need to do this and there will be queues of people wanting to exchange leva for euros,' he added.



Editor: Miglena Ivanova
Posted in English by E. Radkova



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The state proposes the appointment of a special commercial administrator for Lukoil Bulgaria

Swiss commodity trader Gunvor said it has withdrawn its proposal to buy Lukoil’s foreign assets, including the refinery in Burgas, after the U.S. Treasury called it Russia’s ‘puppet’, Reuters reported. Prime Minister: Bulgaria has a..

published on 11/7/25 11:04 AM

Sofia and Kyiv discuss energy and defense cooperation

Bulgaria’s Premier Rosen Zhelyazkov and Ukrainie’s President Volodymyr Zelenskyy discussed energy security in the region and opportunities to strengthen cooperation in this area. The two held a phone conversation on November 6. They also discussed..

published on 11/7/25 9:33 AM

Six illegal migrants have died in a car accident after Police chase near Burgas

Six migrants died after the car transporting them overturned on the shore of Lake Vaya near Burgas. Before the accident, the traffickers’ car had been chased by border police between the towns of Kiten and Burgas.  The driver of the car — a Romanian..

published on 11/7/25 8:57 AM