Bulgaria: Consumer Protection Commission Reports Surge in Complaints After Euro Adoption
Just two weeks after Bulgaria officially adopted the euro, the Consumer Protection Commission (CPCo) is handling an unprecedented volume of consumer reports.
Bulgaria will sign a consultancy services agreement in the water and sewerage sector with the World Bank, the government has announced.
The advisory services agreement aims to develop a new strategy for financing, increase the efficiency of services and boost regulatory capacity, the government said in a statement on Monday.
The project financing of BGN 3 M will be provided under the EU’s Operational Programme Environment 2014-2020.
The agreement will be signed by Regional Development Minister Lilyana Pavlova and World Bank Country Manager for Bulgaria, the Czech Republic, and Slovakia Tony Thompson in Sofia on Tuesday afternoon.
The process surrounding Bulgaria’s transition to the euro is unfolding smoothly and compares favorably with similar experiences in other countries
The process of converting Bulgarian levs to euros continues smoothly, with 48.3% of the national currency already withdrawn from circulation
As Bulgaria phases out the lev at the end of January, the numismatic market is already responding to the change, though not all coins are attracting attention.
The shift to the euro in Bulgaria is proceeding more smoothly than many anticipated, according to Petar Ganev, senior economist at the Institute for Market Economics
Twelve days into Bulgaria’s adoption of the euro, the transition is showing signs of strain, particularly in the exchange of levs for euros
The Bulgarian National Bank reported that as of January 9, cash in circulation denominated in Bulgarian leva stood at 16.1 billion leva, equivalent to roughly 8.23 billion euros
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