Bulgaria's Average Salary Surges Past 1,270 Euros
The average gross monthly salary in Bulgaria surpassed 2,500 leva (1,278 euros), reaching 2,556 leva in March, according to preliminary data from the National Statistical Institute (NSI)
Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country, according to an official statement from the postal operator, cited by BTA. The complete list of participating offices is now available on the company’s website.
At these locations, individuals will be able to exchange lev banknotes and coins into euros for amounts up to 1,000 leva per person per day. For sums between 1,000 and 10,000 leva per day, customers will need to submit a prior request between three and five working days in advance. Such exchanges will only be processed at 954 designated offices within the postal network.
As outlined in the National Plan and the Law on the Introduction of the Euro, Bulgarian Posts will handle currency exchange operations in towns and villages without access to bank branches or credit institution offices once Bulgaria joins the eurozone. For the first six months after the euro's introduction, these exchanges will be conducted free of charge for the public.
During the same initial six-month period, credit institutions will also provide free-of-charge conversion of levs into euros in unlimited amounts at the official exchange rate. It is important to note, however, that Bulgarian Posts will not process exchanges exceeding 10,000 leva per person per day.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
According to data published on the Bulgarian National Bank’s (BNB) official website, household lending surged by 20.
The Bulgarian National Bank (BNB) has released another set of practical guidelines regarding the transition to the euro once the country joins the eurozone
A significant portion of Bulgarians' savings is already held in euros, signaling the country's readiness for the currency switch, even before its official adoption
Inflation in Bulgaria is projected to rise ahead of the country’s euro adoption
The Bulgarian National Bank (BNB) has announced that it will stop publishing the key interest rate following the country's adoption of the euro
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase