Bulgaria Nears Completion of Leva Withdrawal as 81% Taken Out of Circulation
As of February 6, 2026, Bulgaria continues to make steady progress in withdrawing the national currency, the leva, from circulation.
A joint exercise is to be conducted on Saturday in Southwestern Bulgaria, at the border with Greece and near the one in Macedonia, in light of potentially increasing migratory pressure.
The drill will be held in the region of Petrich, Sandanski and Kulata, the latter being a major border crossing point with Greece.
Earlier this week, Bulgarian Prime Minister Boyko Borisov called for a drill between police and military officers to assess the country's capacity in dealing with migrant pressure.
Defense Minister Nikolay Nenchev, speaking to the Bulgarian National Television on Friday, refused to disclose the number of troops taking part in the exercise.
Authorities are preparing for a possible surge in number of migrants trying to cross into Bulgaria from either Macedonia or Greece, with measures taken by Western Balkan countries to curb the flow of migrants into Central Europe and then Germany and thousands of migrants being stuck at the border between Macedonia and Greece due to thousands of migrants, raising tensions.
The State Agency for Refugees has also voiced its concerns of an increased pressure on the borders with spring coming and with the tense situation at the frontier between Turkey and Syria.
The drill will be attended by Interior Minister Rumyana Bachvarova, Chief of Defense Constantin Popov, border police chief Antonio Angelov, Blagoevgrad Governor Biser Mihaylov, and other local officials.
At the end of February, Bulgarian lawmakers approved a bill allowing the army to assist border protection.
Outgoing Bulgarian Defence Minister Atanas Zapryanov confirmed that the Bulgarian Army is in the process of transitioning to NATO-standard weapons, a step aimed at modernizing its arsenal.
The European Commission has recommended a new submarine cable connecting Bulgaria as part of its Cable Projects of European Interest (CPEI), under the EU’s Action Plan on the Security of Submarine Cables
The Ministry of Defense has launched a public procurement procedure for the maintenance of Bulgaria’s Soviet-era MiG-29 fighter jets, allocating a total of EUR 58 million for a comprehensive overhaul
Italy will fund the construction of temporary infrastructure for a NATO battlegroup base in Bulgaria, after Bulgaria’s parliamentary defence committee approved the agreement
Bulgaria’s role in the Black Sea region is becoming increasingly significant as part of NATO’s southeastern flank and as the Alliance’s main access point to the Black Sea, according to a new report by the international think tank GLOBSEC, released on Mond
After months of unexplained delay, the Council of Ministers on Wednesday cleared a key investment project for the Bulgarian Armed Forces, giving the green light for the purchase of modern coastal anti-ship missile systems
Novinite 2025 in Review: A Year That Tested Bulgaria and the World
A Disgraceful Betrayal: Bulgaria's Shameful Entry into Trump's Board of Peace