Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria’s Parliament synchronizes Currency Act with requirements for accession to Eurozone

Photo: EPA/BGNES

Bulgaria’s National Assembly adopted on second reading amendments to the Currency Act which amends the Law on the Bulgarian National Bank. The amendments are related to the requirement for entry in the so-called Eurozone Waiting Room (Exchange Rate Mechanism II). The Bulgarian National Bank notes that the latest change ensures compliance of the national normative framework with the European framework, which is a mandatory requirement for accession to the ERMII. The Bulgarian MPs adopted a resolution that Bulgaria will enter the Eurozone only if the current exchange rate between the Bulgarian Lev and the Euro remains unchanged (1.95583 BGN per 1 Euro). The amendment also bans persons who owe money to the treasury to carry more than EUR 15,000 (BGN 30,000) or their equivalent in other currency through the border.  




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Experts discuss students’ access to social networks

The Bulgarian Ministry of Education and Science is organizing a national round table on 20 November on the topic “Are Restrictions Needed on Children’s Access to Social Networks?”   The initiative is in cooperation with the parliamentary..

published on 11/20/25 6:05 AM

Lukoil says it reserves right to seek legal protection in Bulgaria

Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special administrator took control of its local assets. LUKOIL Neftohim special administrator removes board chair..

published on 11/19/25 5:50 PM

EBRD to establish a technology center in Bulgaria focused on AI

The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data , artificial intelligence, cybersecurity, and cloud services. This becomes possible after the..

published on 11/19/25 4:58 PM