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.
President's office archive
Parliament must do its job and update the budget, President Rumen Radev urged at a working meeting with the caretaker cabinet to discuss the Covid situation.
He stated that the idea is not a discussion of a possible lockdown, but to let the public know how the crisis is being managed. On the threshold of another wave of coronavirus, the President levelled criticism against the previous government for “the chaos in the measures, the lack of plan and the use of the National Operational Headquarters as a cover for political purposes”, and congratulated the caretaker minister of health for drawing up a detailed pandemic response plan. Rumen Radev pointed out that the country is in 3rd place in the EU, and 8th place in the world in mortality, and added that this fact was “very worrying”. Besides the health crisis, the President highlighted other crises as well – connected with the wildfires, a possible political crisis and the migrant crisis.
Bulgaria has taken on new debt amounting to 150 million euros through the issuance of government securities, according to results published on the Bulgarian National Bank (BNB) website.
In December 2025, Bulgaria’s industrial sector showed modest growth following two consecutive months of decline, yet on an annual basis, production fell for the 13th month in a row.
In December 2025, Bulgaria’s total exports of goods rose by 2.5% compared to the same month a year earlier, reaching 6.7364 billion leva (€3.44 billion), after a contraction of 4% in November.
Villages surrounding Plovdiv are increasingly hosting Nepalese workers, brought in by local entrepreneurs to address Bulgaria’s persistent labor shortages.
The first month following the introduction of the euro and the period of dual circulation with the lev has now ended, providing a clearer picture of how the transition is unfolding.
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
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