Dimo Drenchev

While Bulgaria Changes the Currency, Fuels and Cigarettes Will Be Only in Euros

With Bulgaria set to adopt the euro, a transitional period will begin, during which prices for goods and services will be displayed in both levs and euros. This dual pricing phase will start one month following the official decision by the EU Council to adopt the euro and will last for 12 months. However, certain items and services will only display prices in euros.

Bulgaria Moves Closer to Euro Adoption with Key Legislative Approvals

The Budget Committee has approved both bills submitted by the Council of Ministers for the introduction of the euro and the Law on Credit Institutions. To address the unstable political situation and the risk of early elections, the committee decided to grant a mandate to the Ministry of Finance.

Bulgarian Posts Stuck in the Past: No POS Terminals in State Offices, Hindering Digital Payments

Bulgarian Posts, a cornerstone of the country's communication infrastructure, faces criticism for its outdated payment systems, highlighting a stark contrast with the widespread adoption of digital transactions in modern society.