ECB Sets Timeline for Digital Euro, Eyes 2029 Launch
The European Central Bank (ECB) has confirmed that the introduction of a digital euro will proceed only once the necessary legislative framework is established by European institutions
Bulgaria’s National Revenue Agency (NRA) has carried out more than 3,200 inspections under the Euro Law, with detected violations remaining below 10 percent. So far, nearly 180 enforcement acts have been drawn up, and 48 penal decrees totaling approximately €125,000 (about 245,000 BGN) have been issued, the NRA reported.
One notable inspection was triggered by a citizen’s complaint regarding a cosmetic procedure at an aesthetic dermatology clinic in Sofia. According to the report, a specific peeling service was offered at 170 leva until December 12, 2025, but by January 5, 2026, its price had been listed as €90. NRA officials visited the clinic to determine whether this change reflected a lawful currency conversion or an unlawful price increase.
Anna Mitova, Director of the NRA’s Communication Directorate, explained that inspectors are thorough in addressing such cases: “A manager will arrive shortly to respond to all questions. The inspection will clarify whether this is a simple rounding adjustment or a prohibited price hike.”
Mitova added that since the start of the year, the NRA has issued 177 acts and 48 penal decrees, valued at around €125,000. Further penalties are expected as the remaining cases are processed, with the total sum of fines from these acts projected to reach approximately €350,000 (about 685,000 BGN). The agency continues to monitor compliance closely, ensuring businesses adhere to the regulations during Bulgaria’s euro transition.
The housing market in Bulgaria is undergoing notable shifts, with buyers increasingly prioritizing location and accessibility over sheer size.
Bulgaria closed 2025 with the unemployment rate hitting a historic low of 3.2 percent, according to the latest data from the National Statistical Institute
In the final quarter of 2025, Bulgaria’s economy showed signs of slowing, with gross domestic product (GDP) rising by 2.9 percent year-on-year, down from 3.1 percent in the same period of 2024.
Bulgaria saw a record influx of Romanian tourists in 2025, according to the latest figures from the National Statistical Institute
In 2025, Bulgarian wineries produced a total of 66 million litres of wine, according to Krasimir Koev, Executive Director of the Executive Agency on Vine and Wine.
Bulgaria’s parliament has approved an agreement with North Macedonia to build and operate a cross-border railway tunnel connecting the two countries.
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