Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
From 1 January 2024 Bulgarians will pay with Euros in stores. This is the indicative date for Bulgaria's entry into the Euro area.
It is mentioned in a draft amendments to the decree of the Council of Ministers, which regulates the activities of the Coordination Council for preparation of Bulgaria for membership of the Euro area.
By 30 June 2021, the Coordination Council must draw up a draft National Plan for the introduction of the Euro in Bulgaria. The Co-Chairs of the Council will be the Minister of Finance and the Governor of the BNB, the amendments envisage.
The obligations of Bulgarian institutions with regard to the introduction of the Euro currency are also described. For example, the BNB will be responsible for the ATM software so as to ensure that they work with Euro banknotes. BNB is also responsible for the design of the Bulgarian Euro coins.
The Council’s Working Party on Consumer Protection will monitor the recalculation of prices from BGN to EUR in order to overcome the vicious practice of sellers rounding up prices. A campaign for a "fair introduction of the euro" will also be initiated.
The Council's Communication Working Party will print information materials for different target groups (students, pensioners, households, people with special needs, ethnic minorities). It will also maintain a dedicated euro information site.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022