Key Features of the New Bulgarian ID Cards
In a significant update to Bulgaria's identification system, the issuance of new ID cards will come with a higher price tag of BGN 30, compared to the current fee of BGN 18
European Commission President Jean-Claude Juncker “is believed to be set on ensuring” that the euro is introduced in the EU member states still using their own national currencies in a bid to spur European integration after Britons voted to leave the 28-nation bloc, according to UK’s Daily Express.
Besides the United Kingdom, eight other EU member states haven't adopted the euro – Bulgaria, Croatia, the Czech Republic, Denmark, Hungary, Poland, Romania and Sweden.
Daily Express has also said that according to German newspaper Frankfurter Allgemeine Zeitung, “there are plans underfoot to accelerate the "completion" of the monetary union.”
Bulgaria operates a fixed exchange rate mechanism called currency board, which curbs the conduct of independent monetary policy by the country's central bank and the pegs the national currency, the lev, at 1.95583 per euro.
Last year, Bulgaria’s government set up a council to propose a date for adopting the euro and draft a plan for introducing the single currency. The lev is not yet within the Exchange Rate Mechanism (ERM II), the euro's 'waiting room'.
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The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022