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The introduction of the euro in Bulgaria is unfolding in line with expectations, according to Bulgarian National Bank Governor Dimitar Radev, who spoke at an economic forum in Sofia hosted by The Economist magazine.
Radev noted that 85% of lev banknotes and coins have already been removed from circulation, replaced by more than 7 billion euros. He referenced preliminary data from the National Statistical Institute and Eurostat, which show that Bulgaria’s annual inflation in January reached approximately 2.3%, a level largely consistent with trends across the eurozone.
The governor highlighted that the transition to the euro had a limited and temporary effect on prices, raising monthly inflation in January by an estimated 0.3 to 0.4 percentage points. He emphasized that adopting the euro is not an end in itself, but rather a framework that makes the quality of institutions and the sustainability of economic policies more transparent and accountable.
Healthcare costs in Bulgaria are rising at a significantly faster pace than overall inflation, with price growth in the sector in 2026 roughly twice the national average compared to 2025
Around half a million Bulgarians chose to spend Easter inside the country, while roughly 120,000 traveled abroad
Acting Energy Minister Traycho Traykov said Bulgaria should not tap into its 90-day fuel reserves to ease prices, stressing that they must remain a safeguard in case of an actual supply disruption
Annual inflation in Bulgaria accelerated in March to 4.1% on a yearly basis, up from 3.3% in February, according to National Statistical Institute data
Wednesday, April 15 will bring mostly calm spring weather across Bulgaria, with sunshine dominating large parts of the country
Bulgaria has secured a six-month extension of the Lukoil waiver, following a decision by the US Treasury Department’s Office of Foreign Assets Control (OFAC)
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
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