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Bulgarian National Bank building

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 |

Moody’s: Eurozone entry supports Bulgaria’s institutions, but corruption remains challenge

Membership in the European Union and Bulgaria’s upcoming adoption of the euro on January 1, 2026, are supporting the country’s institutions and governance stability, but corruption remains a significant challenge, according to the latest country..

28.07.25 10:28 |

A week until the final decision on the euro – are there any question marks?

Exactly a week remains until the final decision on Bulgaria's entry into the eurozone – on July 8, the European Parliament is to vote on whether Bulgaria will become the 21st member of the eurozone and adopt the single European currency from January 1,..

02.07.25 09:50 |

Protesters against the euro block the center of Sofia, demand resignation of the cabinet

Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia blocked traffic in the so-called "triangle of power". The demonstration was organized by the Citizens'..

29.06.25 10:21 |
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 |
Kostadin Kostadinov, leader of Vazrazhdane party

Vazrazhdane, MECH and Velichie parties demand referendum on the adoption of the euro

A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the chairman of Vazrazhdane, Kostadin Kostadinov. We have collected 52 signatures, he pointed out...

19.03.25 13:43 |

President Radev: Only the Bulgarian Parliament can decide whether to hold a referendum on the euro

Bulgaria has made a commitment to join the common European currency since the signing of the EU Accession Treaty. This was reminded by President Rumen Radev to students from Plovdiv University "Paisiy Hilendarski". The head of state's words were in..

13.03.25 14:58 |

Bulgarian Parliament decides not to hold a referendum on the euro

The parliamentary majority composed of GERB-SDS, PP-DB, the parliamentary group of the MRF and two independent MPs rejected the proposal of MPs Vazrazhdane party and ITN party to hold a national referendum on the adoption of the euro.  A total of..

04.09.24 13:20 |

Experts Discuss the Challenges Facing the Introduction of the Euro in Bulgaria

An international conference "Bulgaria in the euro area, when?", devoted to the key topic of Bulgaria's accession to the euro area, the prospects and the necessary reforms for this to happen, will be held on 14 May in Sofia . Its organisers are the..

14.05.24 06:05 |
Bulgarian National Bank

Bulgarian National Bank denies writing report against the adoption of the euro

The Bulgarian National Bank (BNB) has denied having prepared a report in which it is claimed that Bulgaria is not ready to join the eurozone in 2024 . Opponents of the adoption of the euro, including the leader of Vazrazhdane party Kostadin Kostadinov,..

04.11.22 11:56 |
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