ATMs will be stocked with euros on the night of 1 January 2026, so that by morning everyone will be able to withdraw euro banknotes. Nikola Bakalov, CEO of one of Bulgaria’s leading banks and a member of the Management Board of the Association of Banks in Bulgaria, told BNR.
He also reiterated the appeal of banking institutions: 'Anyone who has large amounts of Bulgarian levs in cash should deposit them into their account free of charge. On New Year's Eve, these funds will automatically be converted into euros at the official exchange rate of 1.95583 levs per euro.'
'This is the only way to do it without any effort. After 1 January, it will still be free and fixed, but we expect that, in the first few days after New Year's Eve, quite a few people will remember at the last minute that they need to do this and there will be queues of people wanting to exchange leva for euros,' he added.
Prime Minister Rosen Zhelyazkov said that the state’s representative at Lukoil could include more than one appointed manager, in line with upcoming legal changes. He added that the names of the candidates for special manager or managers would be..
November 10 marks 36 years since the symbolic beginning of the transition from a one-party system to democracy in Bulgaria. The day after the fall of the Berlin Wall a plenum of the then ruling Bulgarian Communist Party ousted its..
Seven-year-old Magdalena Stoyanova from art school "Kolorit" in Pleven received a gold medal and a distinction from the international children's drawing competition "Health 2025". The award ceremony took place in Sao Paulo,..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
On Tuesday, minimum temperatures will range from 8 to 13°C , with Sofia seeing around 9°C. Rain is expected across the country, with heavier showers in..
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