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Bulgarian National Bank reduces base interest rate

The base interest rate in the country is being reduced to 1.82% as of 1 August 2025, the Bulgarian National Bank (BNB) has announced. The reduction is by 0.09% compared to July, when it was 1.91%. The simple annual interest rate is being reduced..

01.08.25 11:16 |

BNB issues a silver commemorative coin dedicated to the 175 birth anniversary of Ivan Vazov

On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB announced on its website.  The coin is part of the "Bulgarian National Revival" series. The silver..

07.07.25 09:46 |

Income for 2025 to be declared to the tax authorities in leva for the last time

This year will be the last in which Bulgarians receive their income in leva. In what currency will people declare their money to the tax authorities next year?  This is one of the 221 questions about the euro that the Bulgarian National Bank (BNB)..

04.07.25 11:39 |

Bank accounts in Bulgarian levs will be automatically converted to euros

The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at the officially announced exchange rate (1.95583 BGN = 1 EUR). That will be done free of charge,..

06.06.25 08:46 |

The government will work to ensure a smooth transition to the euro

''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This is a cause for pride for Bulgarian society, which in the late 1990s embarked on the path to be..

04.06.25 17:49 |

The motto "GOD PROTECT BULGARIA" to appear on the Bulgarian 2-Euro Coin

The Motto "GOD, PROTECT BULGARIA" to Appear on Bulgarian 2-Euro Coin When Bulgaria joins the eurozone and begins issuing euro coins with national elements, the 2-euro coin will feature St. Paisius of Hilendar. Inscribed along the edge of the coin in..

19.05.25 11:25 |

BNB: The dual circulation period will last for the first month after the introduction of the euro

When Bulgaria adopts the euro, people will be able to withdraw money  from ATMs only in the new currency, according to the website of the Bulgarian National Bank. The so-called dual circulation period will last for the first month after..

04.05.25 15:10 |
Bulgarian National Bank

For another month, Bulgarian National Bank lowers the key interest rate in the country

The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..

01.05.25 11:50 |
Petar Chobanov

25% of household deposits are now in euros

The preparation of the migration of card payments from Bulgarian leva to euros and the corresponding accession by the end of the year of the BORICA card payment system to TARGET is in an advanced phase, the Deputy Governor of the Bulgarian National Bank,..

30.04.25 16:23 |

BNB forecasts higher economic growth in Bulgaria in 2025

The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..

25.04.25 09:47 |
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