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European Union officials gave the green light in June for Bulgaria to become the 21st member of the eurozone, a key Brussels ...
Bulgaria’s Euro Switch: ... Funds held in bank accounts will be converted automatically on January 1 at the current exchange rate, without any commission fees.
They also approved the exchange rate under which Bulgaria will manage its currency switch, which corresponds to the existing lev-euro peg. “This marks the culmination of a thorough process ...
Prime Minister Boyko Borisov says Bulgaria still aims to adopt the euro by 2022 despite resistance by some local businesses that fear greater scrutiny of the economy.
Bulgaria’s parliament re-appointed central bank Governor Dimitar Radev for a second six-year term to help the country’s plan to adopt the euro within two years.. Lawmakers voted Tuesday in ...
For "Bulgaria ON AIR", Economist Julian Voinov explained that the law ensures a smooth transition, providing a grace period where both leva and euro prices will be visible.
Bulgaria posted a current account surplus of 770 million euros ($799.11 million), equal to 1% of economic output in the first nine months, compared to a surplus of 0.7% in the same period a year ...
Bulgaria is set to become the 21st member of the eurozone next year, after European Union finance ministers signed off on its bid on Tuesday. Taking up the European single currency is the ...
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