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.
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended period. “Our priority is secure supply at affordable prices — and that is guaranteed, ” Stankov..
The ruling GERB party claimed that employers are in favour of a higher VAT rate, but employer organisations denied this, insisting that no such proposal had ever been made. This clarification followed a meeting between GERB leader Boyko Borissov..
Ninety participants representing 57 Bulgarian folklore ensembles from across Europe and North America gathered in Sofia for their fourth Creative Meeting and Seminar. The event was highly constructive, featuring useful workshops and guest lecturers...
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the..
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