Europe’s Next Tech Powerhouse: How Bulgaria Can Lead the Charge
Tsvetelina Penkova, First Vice-Chair of the European Parliament’s Committee on Industry, Research, and Energy (ITRE), led a delegation of European Parliament members to Munich, Germany
The new BGN 2 coin enters into circulation in Bulgaria on Monday.
At the end of November, the Bulgarian National Bank (BNB) officially presented the new coin at a press conference.
The presentation served as the start of a national public awareness campaign at branches of all commercial banks, post offices, airports, border points, public transport, large chain stores.
The metal coin has two components - an inner circle made of goldish alloy and an outer ring of silvery alloy.
It has a weight of 9 grammes, its diameter measures 26.5 milimetres and its edge is made of alternating serrated and flat sectors.
The obverse of the coin features the nominal value (2), the inscription LEVA (written in Bulgarian) and the year of issue (2015).
The reverse depicts a stylised image of Paisuis of Hilendar, who is also portrayed on the BGN 2 banknote, the years of his life (1722-1773), as well as the inscriptions PAISIUS of HILENDAR and BULGARIA (both written in Bulgarian).
The author of the artistic design is Vanya Dimitrova.
The BGN 2 banknote (1999 and 2005 issues) will continue to serve as legal tender in parallel with the new coin of the same denomination.
Bulgaria has successfully met the price stability criterion required for entry into the eurozone
Bulgaria is in a very strong initial position to join the eurozone
Finance Minister Temenuzhka Petkova has stated that Bulgaria is ready to join the eurozone
The international rating agency Fitch has reaffirmed Bulgaria’s long-term credit rating at 'BBB' with a positive outlook
A recent large-scale online survey conducted by Tavex, involving thousands of participants engaged in gold and currency trading, has revealed that every second Bulgarian is against the country adopting the euro
The Bulgarian National Bank (BNB) predicts a significant decrease in the number of leva banknotes in circulation in the coming months
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