Bulgarian National Bank

Bulgaria's External Debt Jumped to 45.1 Billion Euros

The gross external debt at the end of January 2023 amounted to nearly 45.1 billion euros (49.9 percent of the estimated Gross Domestic Product - GDP), reports the Bulgarian National Bank (BNB).

This is almost EUR 3.963 billion (9.6 percent) more than at the end of January 2022 (over EUR 41.120 billion, 48.6 percent of GDP).

Bulgarian National Bank: Incompetent and Irresponsible Statements! Changing the BGN-EUR Exchange Rate is Impossible

"Changing the leva-euro exchange rate is impossible". This is stated by the Bulgarian National Bank to National radio, after yesterday information was spread, which is claimed to be from a report of the Ministry of Finance, according to which there is a risk of a change in the exchange rate of the leva against the euro.

Bulgaria’s National Bank Withdraws Old Banknotes with Denomination of BGN 20 from Circulation – Check Where You can Change yours!

The 20 BGN banknotes from 2005 will be removed from circulation from February 1 and will no longer be legal tender. After this date, banknotes with a nominal value of BGN 20, 2005 issue, will be exchanged at the cash desks of the Bulgarian National Bank (BNB) at nominal value without limit of quantity, without fee and without deadline for exchange.

The Central Election Committee recommends April 2 as the Date for Early Elections in Bulgaria

Elections under the new rules can be held as early as April 2. This was announced by the Chairwoman of the CEC, Kamelia Neikova, during a hearing in the National Assembly in connection with the preparations for holding early parliamentary elections.

The reason is that at an earlier date the supply of the required quantity of secure paper for machine voting cannot be guaranteed:

Bulgarian Banks can Block Accounts if We have Not Updated our Personal Information at their Offices

Bulgarian banks have the right to block accounts if we have not personally updated the address, ID and phone number information within one year (12 months). This became clear after the meeting of the parliamentary committee on internal security and public order, reported BNR.

The Parliament adopted the amendments to the anti-money laundering law in the first reading yesterday.

Bulgaria: Bank Accounts will Automatically be converted from BGN to EUR on the Day of Introducing the Euro

Bank accounts will automatically be converted from BGN to EUR on the day of the introduction of the single European currency, emphasized the Governor of the Bulgarian National Bank (BNB) Dimitar Radev in his publication in the bulletin of the Association of Commercial Banks.

Bulgaria's Gross External Debt is almost 41.5 Billion Euros

Bulgaria's gross external debt at the end of June 2022 amounted to almost 41.5 billion euros (52.5 percent of the estimated Gross Domestic Product - GDP), which is over 1.6 billion euros (4.1 per hundred) more compared to the end of June 2021, reports the Bulgarian National Bank, quoted by BTA.

SANS to Check the Cybersecurity of Bulgarian Posts

Bulgarian National Bank (BNB) and Bulgarian Posts (BGPost) to be included in the list of strategic sites to be inspected by State Agency for National Security (SANS). This will be proposed by the Council of Ministers after the cyber attack, which blocked the work of the post offices, announced the Minister of Electronic Government Bozhidar Bozhanov.

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