Wow Moment for Bulgaria! Nikola Tsolov Wins His First Formula 2 Race
Bulgarian racing talent Nikola Tsolov opened the 2026 Formula 2 season with a major achievement, taking victory in the main race at the Albert Park circuit in Melbourne
@novinite.com
For the first time, the money circulation in Bulgaria has surpassed 30 billion leva. According to the Bulgarian National Bank's (BNB) publication "Overview of the Issue and Cash Activity," as reported by BTA, the total value of banknotes and coins in circulation reached BGN 30 billion and 356 million as of the end of September.
The number of banknotes in circulation stands at 604.9 million, with a total value of 29 billion and 695 million leva. The 50 leva banknote is the most prevalent, accounting for 41.5% of the total share, or 251.1 million pieces. Additionally, there are 3.315 billion coins in circulation, with the number of exchange coins increasing by 140.1 million, or 4.4%, compared to last year.
In terms of quantity, the most common coin is the 1-cent piece, making up 27.7% of the total with 919.7 million pieces. The most frequently used coin by value is the 1 leva coin, representing 32% of the total monetary value, totaling 197.2 million leva.
The current amount of circulating money is nearly four times greater than it was in September 2007, when it was recorded at 7.568 billion leva. The BNB’s regular monthly balance sheet indicates that the threshold of 30 billion leva in banknotes and coins was already reached in August this year.
Overall, the money supply in the economy has increased by 6.8% or 1.928 billion leva compared to September of the previous year.
Bulgaria’s economy expanded by 3.0% in the fourth quarter of 2025 compared to the same period in 2024, according to preliminary figures from the National Statistical Institute. On a quarterly basis, seasonally adjusted data indicate a growth of 0.8% relat
Bulgaria has effectively completed the transition period for adopting the euro, though formal legal adoption remains pending
Bulgarian National Bank Governor Dimitar Radev took part in a meeting of EU Heads of Mission held under the European Presidency of the Republic of Cyprus
As of February 27, 2026, the withdrawal of leva banknotes and coins and their replacement with euro cash is proceeding under the established legal framework and operational plans, the Bulgarian National Bank (BNB) reported.
Bulgaria’s external debt reached just over €25.37 billion at the end of 2025, Acting Finance Minister Georgi Klisurski reported
At a session of the Council of Ministers, the government approved a draft law amending and supplementing the existing budget extension legislation, the acting Minister of Finance Georgi Klisurski announced.
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