Bulgaria Handling Euro Introduction Better Than Croatia as Leva Withdrawal Accelerates
The process surrounding Bulgaria’s transition to the euro is unfolding smoothly and compares favorably with similar experiences in other countries
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Bulgaria: Nearly Half of Lev Currency Already Withdrawn as Euro Transition Progresses
The process of converting Bulgarian levs to euros continues smoothly, with 48.3% of the national currency already withdrawn from circulation
Bulgaria: The Lev Exits Circulation, Enters Collector Circles
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.
Affordable and Functional: Why Panel Flats Continue to Attract Buyers in Sofia
In Sofia, panel apartments continue to play a significant role in the housing market, making up more than a third of all property transactions in 2025
Bulgarian Economist: Euro Transition Exceeds Expectations
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
Bulgaria: Banks and Merchants Struggle with Euro Exchange, Warns Consumer Advocate
Twelve days into Bulgaria’s adoption of the euro, the transition is showing signs of strain, particularly in the exchange of levs for euros
New Flights from Sofia and Varna to Santander, Corfu and Katowice Announced
Wizz Air has announced the opening of three new direct air routes from Bulgaria for the summer season of 2026, strengthening its presence on the local market and expanding travel options from Sofia and Varna
Bulgaria’s Hotels Adapt Smoothly to Euro, Staff Shortages Remain a Challenge
Hotels in Bulgaria are transitioning to the euro without major issues, according to Georgi Duchev, executive director of the Bulgarian Association of Hotel Management Professionals
Bulgaria Proposes Higher Quotas for Non-EU Workers to Meet Labor Demand
Bulgaria is considering legal changes that would allow companies to hire more workers from non-EU countries, responding to growing labor shortages
Rising Costs and Imports Pressure Bulgaria’s Rose Sector
A pilot project is underway on the farm of rose producer Dancho Petkov in Panicherevo, aiming to test new ecological methods for weed control in organic rose cultivation
Bulgaria: Timber Output Hit Historic Low in 2025
Timber production in Bulgaria in 2025 has fallen to record lows, according to the latest figures released by the Executive Forestry Agency (EFA). The Branch Chamber of the Woodworking and Furniture Industry (BKDMP) reports that only 80% of the timber plan
Bulgaria’s Euro Transition Accelerates as €3.1 Billion in Cash Enters Circulation
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
Bulgarian Property Market Booms: Housing Prices Up 156% Over 10 Years
In the third quarter of 2025, Bulgaria was among the EU countries experiencing the strongest growth in house prices, according to Eurostat data. Across the euro area, the house price index rose by 5.1% year-on-year, while the EU overall saw a 5.5% increas
Bulgaria’s Long Road to the Euro: From Hyperinflation to Eurozone Membership
On a sunny morning in Sofia in early June 2025, excitement spread quickly through the Bulgarian National Bank. The long-awaited convergence report, requested from the European Commission and the European Central Bank in February, had arrived. It assessed
U.S. Travel Advisory: Bulgaria a Secure and Underrated European Gem
The U.S. State Department has rated Bulgaria as one of the safest destinations for travelers in Europe, assigning it a Level 1 status, the lowest risk category
Sofia’s Vitosha Boulevard Ranks 41st Globally as Bulgaria’s Most Expensive Shopping Street
Sofia’s Vitosha Boulevard continues to hold its status as Bulgaria’s most expensive shopping street, with average rents reaching 726 euros per square meter per year,
Bulgaria Opens Doors to Digital Nomads with New One-Year Visa
Bulgaria has officially introduced a visa programme for digital nomads, allowing foreigners to live and work in the country for extended periods
Use Cards to Smooth Bulgaria’s Euro Transition
Vasil Velev, head of the Association of Industrial Capital in Bulgaria (AICB), warned that state administration spending is putting a heavy burden on businesses during an appearance on the BNT morning show.
Varna to Budapest: New Direct Flights Launch for Summer 2026
Wizz Air has announced a new direct connection between Varna and Budapest, set to begin on June 8, 2026. The flights will operate twice weekly, on Mondays and Fridays, and tickets are already available on the airline’s website and mobile app, starting at
Banks and Post Offices in Bulgaria Face Scrutiny Over Euro Conversion
By law, banks in Bulgaria are allowed to accept all coins and levs for conversion into euros, with the exchange remaining free of charge until June 30
Important: Bulgaria Confirms Euro-Lev Dual Circulation Will End January 31, 2026
The Ministry of Finance has clarified that the one-month period of dual circulation of levs and euros in Bulgaria will not be extended and will officially conclude on January 31, 2026
Highlights
EURO IN BULGARIA 2026
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