Bulgaria's Hotel Sector Faces Workforce Shortages and High Taxes Ahead of 2025 Season
Veselin Danev, chairman of the Bulgarian Hotel Association, highlighted a major issue in Bulgaria’s tourism sector: a significant decline in the workforce
The new BGN 2 coin enters into circulation in Bulgaria on Monday.
At the end of November, the Bulgarian National Bank (BNB) officially presented the new coin at a press conference.
The presentation served as the start of a national public awareness campaign at branches of all commercial banks, post offices, airports, border points, public transport, large chain stores.
The metal coin has two components - an inner circle made of goldish alloy and an outer ring of silvery alloy.
It has a weight of 9 grammes, its diameter measures 26.5 milimetres and its edge is made of alternating serrated and flat sectors.
The obverse of the coin features the nominal value (2), the inscription LEVA (written in Bulgarian) and the year of issue (2015).
The reverse depicts a stylised image of Paisuis of Hilendar, who is also portrayed on the BGN 2 banknote, the years of his life (1722-1773), as well as the inscriptions PAISIUS of HILENDAR and BULGARIA (both written in Bulgarian).
The author of the artistic design is Vanya Dimitrova.
The BGN 2 banknote (1999 and 2005 issues) will continue to serve as legal tender in parallel with the new coin of the same denomination.
Cryptocurrency has become a significant part of the financial world, but as it grows, so do the questions about Know Your Customer (KYC) requirements.
Macroeconomist Stoyan Panchev, an analyst from the Expert Club for Economics and Politics, warned that Bulgaria could face significant challenges if it rushes into joining the eurozone
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,
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