State Bank Head: Bulgaria in Strong Position to Join Eurozone Amid Global Uncertainty
Bulgaria is in a very strong initial position to join the eurozone
Bulgaria’s Parliament has officially dismissed Tsvetan Gounev from the post of Deputy Governor of the Bulgarian National Bank (BNB).
The dismissal was approved by a unanimous vote on Thursday, with 108 votes in favor.
Gounev faces charges of failure to fulfill his legal duty to implement supervisory measures against Corporate Commercial Bank (KTB, Corpbank) over irregularities and violations detected in its activities.
Gounev was charged with abuse of office on June 16, days before the crisis at Corporate Commercial Bank (KTB) began.
On November 25 he was also charged with breach of duty just a day after returning to office following a months-long leave. The prosecuting authority then demanded that he be dismissed.
Gounev’s dismissal from the post of Deputy Governor of BNB was ordered by the Sofia City Court on December 3, 2014 and upheld by the Sofia Appellate Court on December 11, 2014.
Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country
Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion
On June 4, Bulgaria will find out whether the euro will officially replace the lev in January 2026
In the first quarter of 2025, the 20-BGN banknote has overtaken the 100-BGN note as the most frequently counterfeited denomination in Bulgaria,
According to recent data from the Trend Research Center, shared during the "Personal Finance" event by Money.bg, 38% of Bulgarians are unable to set aside any savings
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase