Bulgaria Gears Up for the Euro: Essential Cash Register and Vending Machine Updates (KEY DATES)
With Bulgaria preparing to adopt the euro as its official currency, changes in how retail transactions are processed are on the horizon
According to Assoc. Dr. Atanas Atanasov, chairman of the National Statistical Institute (NSI), periods of high inflation in Bulgaria are now a thing of the past. In an interview with BTA, he emphasized that the country is experiencing a clear trend of declining inflation rates, which are currently lower than the Eurozone average.
Atanasov urged the public to remain calm and adapt to the notion that the era of high inflation has ended. He reassured citizens that the current inflation situation is stable.
While Bulgaria has yet to join the Eurozone, the NSI is already preparing to calculate flash inflation. This initial estimate of inflation levels will be published on the last day of the month it pertains to, according to Atanasov.
At a briefing, Finance Minister Temenuzhka Petkova expressed optimism that Bulgaria is on track to meet the eurozone’s price stability criterion once again in June
Some Bulgarians are beginning to exchange their leva for euros ahead of the country’s eurozone entry, only to find that the rates offered at banks and exchange offices differ from those announced publicly
Bulgaria’s annual inflation rate climbed to 4.4% in June 2025, marking its highest point since December 2023
Deputy Finance Minister Metodi Metodiev described the recent upgrades to Bulgaria’s credit rating by three international agencies as a clear sign of growing investor confidence
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year
The European Council's decisions from July 8, 2025, marked the final approval for Bulgaria to adopt the euro as its official currency starting January 1, 2026
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