How to Identify a Counterfeit Euro Banknote
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.
Bulgarians Show Confidence in Euro: 25% of Household Deposits Already in Euros
- Tweet
Send to Kindle
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. According to Petar Chobanov, Deputy Governor of the Bulgarian National Bank (BNB), 25% of household deposits and 32% of business deposits are currently in euros. This reflects a pragmatic approach by Bulgarians, despite the ongoing anti-euro campaigns led by certain political groups, including "Revival" and others.
Chobanov emphasized that the strong presence of the euro in local savings is not surprising, considering Bulgaria's close economic ties with the eurozone and the broader EU. He noted that for many individuals and businesses, holding euros is more convenient, especially for those traveling abroad or dealing with eurozone partners. Keeping funds in euros eliminates the need for currency conversions, thus saving on both exchange fees and potential losses due to fluctuating exchange rates.
Related Articles:
Bulgaria Nears Completion of Leva Withdrawal as 81% Taken Out of Circulation
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
Investigation Launched After Suspected Fake 20-Euro Banknote Used in Pernik
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.
Crime | February 9, 2026, Monday // 14:42
Bulgaria One Month After the Euro: Inflation Slows, Budget Pressures Remain
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.
Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
More Than 300,000 Bulgarians Live with Cancer as Early Detection Programs Stall
Over 300,000 Bulgarians living with cancer were registered in the National Health Information System in 2025, marking an increase of 15,000 cases compared to 2024.
How to Identify a Counterfeit Euro Banknote
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.
Bulgaria Nears Completion of Leva Withdrawal as 81% Taken Out of Circulation
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
Bulgarian Central Bank Reports New 10-Year Government Debt Issue Worth €150 Million
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.
Bulgaria One Month After the Euro: Inflation Slows, Budget Pressures Remain
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.
Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
Bulgarian National Bank: 81% of Lev Cash Withdrawn as Euro Fully Takes Over
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.
