The parliamentary budget committee approved, at second reading, the bill on the introduction of the Euro in Bulgaria submitted by the Council of Ministers.
The bill envisages a period of dual display of prices so the public can get accustomed to the new currency. Their display in Leva and in Euro will start one month after the country joins the Eurozone and will remain in place for a period of one year.
Within the space of one month as of the date of the introduction of the Euro, the two currencies will be legal tender simultaneously, after which the Lev will be dropped, according to another text in the bill.
The Bulgarian National Bank will exchange banknotes and coins, from Leva to Euro, free of charge at the official exchange rate in unlimited quantities and without any time limit.
During the first six months after the introduction of the Euro, banknotes and coins can be exchanged, free of charge, at credit institutions as well. This will hold true of the offices of the national postal service Bulgarian Posts in settlements where there are no bank offices or branches.
The National Assembly has introduced a new requirement for state-owned enterprises to implement corruption risk management systems, which will also include appointing an integrity officer. The measure is recommended by the Organisation for Economic..
GERB leader Boyko Borissov said that he did not like budget 2026 and it would be frozen. Speaking to the media in parliament, Borissov said that the Joint Governance Council of the formations in the government, the Prime Minister..
North Macedonian Prime Minister Hristijan Mickoski accused attacked Macedonian Bulgarian journalist Vladimir Perev of staging the attack and self-harm, BGNES has reported. On November 21, in a shop in the center of Skopje, Perev..
Mostly Cloudy
Partly Cloudy
Cloudy