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.
GERB leader Boyko Borissov said he is unbothered by the protests organized by the "Revival" party against the euro, pointing out that there is still substantial groundwork to be done before Bulgaria’s accession to the eurozone.
Speaking on the matter, Borissov suggested that European partners are watching closely and can clearly see who is opposing the process and how. He said it’s evident that Kostadin Kostadinov (Revival) and Kiril Petkov (WCC-DB) are playing from the same script - one stirring unrest in the streets, the other submitting a no-confidence motion in parliament. According to him, this coordinated behavior is not going unnoticed abroad.
He emphasized the need for Bulgaria to continue demonstrating that it is a disciplined, stable, and reliable country in order to make the most of eurozone membership next year.
Borissov also called for strong and decisive action to prevent any possible cases of price manipulation during the currency transition. He reminded the public that fuel prices rose sharply under Finance Minister Asen Vassilev’s watch - when the country was still using the lev. “Were we using the euro then?” he asked rhetorically, implying that the real issue lies in opportunistic behavior rather than the currency itself.
During consultations with President Iliana Yotova, "Greatness" party leader Ivelin Mihaylov emphasized the urgent challenge facing the caretaker government: halting ongoing harmful processes and initiating a positive recovery.
At a meeting held at GERB’s headquarters, party leader Boyko Borissov met with British Ambassador to Bulgaria, H.E. Nathaniel Copsey, to discuss issues of regional security, the strategic partnership between Bulgaria and the United Kingdom, and the import
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.
During consultations at the presidency, President Iliana Yotova welcomed representatives of the "Morality, Unity, Honor" (MECH) party, including party leader Radostin Vassilev, MECH parliamentary group chairman Kiril Veselinski, and MPs Krasimir Manov and
During consultations with President Iliana Yotova on the appointment of a caretaker prime minister, the Alliance for Rights and Freedoms (APS) clearly expressed its position that Andrey Gyurov, the agreed deputy governor of the Bulgarian National Bank (BN
The civil association BOEC has announced the alleged discovery of a site linked to the Russian private military company Wagner near the Bulgarian village of Kladnitsa in Pernik region.
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