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The Bulgarian National Bank (BNB) has clarified the procedural changes that will take effect with the adoption of the euro as Bulgaria’s official currency. One significant update is that the BNB will no longer announce the base interest rate, as stated in its series of questions and answers about the transition to the euro. With the discontinuation of the base interest rate, its function in determining the legal interest rate will also cease, with interest rates set by the European Central Bank taking precedence.
The BNB also highlighted that for one month following the euro’s introduction, both the lev and the euro will be recognized as legal tender, but only for cash transactions. Non-cash payments, including bank transfers and card transactions, will be exclusively conducted in euros from day one of the currency changeover. ATM operations will also be adjusted to dispense euro banknotes exclusively.
Additionally, all Bulgarian lev accounts will be automatically converted to euros by financial institutions without any fees or commissions. This conversion will be carried out without accruing interest, ensuring a seamless transition for account holders.
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Detecting a fake euro note does not require specialized tools or microscopes. By carefully examining, feeling, and tilting the banknote, you can verify its authenticity.
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
Bulgaria has taken on new debt amounting to 150 million euros through the issuance of government securities, according to results published on the Bulgarian National Bank (BNB) website.
Investigators in the western Bulgarian city of Pernik are examining a case involving an attempted payment with a suspected counterfeit 20-euro banknote, according to the regional spokesperson of the Interior Ministry, Ventsislav Aleksov.
The first month following the introduction of the euro and the period of dual circulation with the lev has now ended, providing a clearer picture of how the transition is unfolding.
Detecting a fake euro note does not require specialized tools or microscopes. By carefully examining, feeling, and tilting the banknote, you can verify its authenticity.
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
Bulgaria has taken on new debt amounting to 150 million euros through the issuance of government securities, according to results published on the Bulgarian National Bank (BNB) website.
The first month following the introduction of the euro and the period of dual circulation with the lev has now ended, providing a clearer picture of how the transition is unfolding.
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
The Bulgarian National Bank reported that as of February 6, 2026, the withdrawal of lev banknotes and coins and their replacement with euro cash is progressing in line with the applicable legislation and the operational plans approved for the transition.
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