Bulgarians Join Balkan Protest Against Soaring Food Prices
Bulgaria has joined Croatia, Bosnia and Herzegovina, and Montenegro in organizing protests against rising food prices
An official of the Bulgarian National Bank (BNB) announced on Thursday that a BGN 2 coin will replace the banknote of the same denomination until the end of the year.
This was stated by BNB's Deputy Governor in charge of the Issue Department Kalin Hristov, who is nominated for serving another term under the newly elected governor Dimitar Radev.
BNB has made a lot of efforts to reduce the expenses in the production of banknotes through the so-called tender procedure, which is in use by the European Central Bank (ECB).
Hristov also revealed that all currency standards, which are required by ECB, have been implemented, Darik radio informs.
The deputy governor added that a process is underway to certify the mint of BNB for printing euro banknotes with the aim of preparing the country for its participation in the eurozone.
Bulgaria has the lowest minimum wage among the European Union member states as of January 2025, standing at 551 euros
Since being created as a joke cryptocurrency , Dogecoin has become a popular cryptocurrency with an active community of developers, traders, and investors.
Economists have urged Bulgaria’s leadership to submit an application to the European Commission and the European Central Bank for an extraordinary convergence report on joining the eurozone
Representatives of Bulgaria’s ruling coalition have once again highlighted a significant deficit in the state budget, with Stanislav Balabanov from "There Is Such a People" (TISP) stating that 2025 will be a transitional year regarding the eurozone
Valeri Belchev, former acting Minister of Finance, recently expressed strong concerns about Bulgaria's financial management, particularly focusing on the lack of proper budget management tools
Kalin Hristov, former deputy governor of the Bulgarian National Bank and former finance minister, expressed concern over the public discourse on key economic issues
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