HOT: » Which party would you vote for (if you could) in the upcoming snap vote in Bulgaria on April 19?
Send to Kindle
The new currency exchange rules are expected to limit opportunities to mislead customers. File photo
The new rules for currency exchange bureaus in Bulgaria are becoming effective Tuesday.
According to them, the difference between the rates of buying and selling currency at the bureaus cannot exceed 5% of the daily rate of the Bulgarian Central Bank, BNB.
The old legislation allowed a threshold of 20% difference.
The revenue authorities in the country say the changes will affect only merchants who are trying to deliberately deceive customers, and will limit opportunities for the exchange bureaus to use misleading advertisements and list one rate on signs outside and another at cash registers inside.
The ATMs for currency exchange are expected to become functional by the end of the year. They will exchange up to BGN 2 000 in one transaction, will issue receipts and will be connected to the National Revenue Agency, NRA.
Bulgaria has about 1 700 currency exchange bureaus owned by 700 companies.
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
The Bulgarian National Bank reported that by March 27, 2026, the transition from the lev to the euro is progressing in line with the established legal framework and previously approved operational plans.
The Bulgarian National Bank (BNB) has warned that inflation in Bulgaria is projected to rise to 3.7% in 2026, with geopolitical tensions in the Middle East identified as a key external risk factor
The case surrounding acting Prime Minister Andrey Gyurov and his removal from the Bulgarian National Bank has returned to the spotlight, though much of the public interpretation appears to go beyond what has actually been established
The National Revenue Agency (NRA) is adopting INSAIT’s AI system across all its organizational structures. The project is carried out jointly with the Institute for Computer Science, Artificial Intelligence and Technology (INSAIT)
Dr. Boyko Takov: Analytical and empirical results from ongoing projects constitute a solid information base
Up to 90 percent of construction and renovation workers in Bulgaria are operating outside the legal framework, according to entrepreneur Lozan Lozanov, who raised concerns about the lack of regulation in construction and installation services
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Mobile slot gaming has exploded in popularity, and it’s easy to see why.
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Boris Azarenko is an entrepreneur whose professional background lies in banking and finance and who later founded major property development businesses.
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began
