Several news stories about Bulgaria's adoption of the euro as its official currency have been published by us in recent months. Although we provided some potential timeframes and standards, there are yet no official rules, laws, or dates.
Is adoption of the euro as an official currency in Bulgaria postponed?
Public
Bulgaria
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
1087
Content accuracy validation date:
01.03.2023
Content accuracy validation time:
15:20h
In relation to that, there has been some unofficial information from the Ministry of Finance in Bulgaria. According to how it is stated, Bulgaria will not submit the application form for admission until February 23, as originally planned. The postponement became clear at the last meeting of finance ministers in Brussels a few days ago. The reasons are the current inflation situation and not fulfilling certain time frames for the adoption of mandatory legislation. The Ministry also stated that the submission of the mandatory form can happen later this year if we succeed in passing the laws, which means that the date for a possible adoption is moved by one year, from January 1, 2024, to January 1, 2025. But we need to point out that this is not an official date. This is all in relation to Bulgaria's expected entry into the Eurozone.
Also, from another perspective, certain aspects of this major project are in progress from a legislative perspective and certain acts are being performed by the National Bank of Bulgaria, which will be introduced soon, so stay tuned.
Other news from Bulgaria
Will vouchers/gift cards and coupons remain valid after Euro adoption in Bulgaria?
Bulgaria
Author: Nikolina Basić
Bulgaria will adopt the euro on January 1, 2026, but certain lev-denominated instruments such as vouchers, coupons, stamps, and lottery tickets issued before that date will remain valid until their expiry or until stocks are used up. Read more
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Mandatory publishing of daily retail prices for certain categories of products in Bulgaria regarding euro adoption
Bulgaria
Author: Nikolina Basić
Bulgaria’s Commission for Consumer Protection (KZP) has launched kolkostruva.bg, a platform requiring large retailers to publish daily prices for 101 key product categories as part of euro adoption measures. Read more
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The NRA in Bulgaria will monitor prices during Bulgaria’s Euro transition to ensure market transparency.
Public
Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
Bulgaria’s National Revenue Agency (NRA) will closely monitor prices during the euro transition to prevent unjustified increases and ensure transparency, working jointly with the Consumer Protection Commission. The NRA has updated its electronic systems and is running public education campaigns to prepare citizens and businesses for the dual-currency period and smooth adoption of the euro. As Bulg... Read more
The NRA in Bulgaria launches Nationwide Inspections of 7,000 street vendors over undeclared Income
Public
Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
Bulgaria’s National Revenue Agency (NRA) has launched inspections of nearly 7,000 street vendors to ensure compliance with tax, VAT, and social security obligations. Vendors are reminded to declare income, use cash registers (including mobile devices), and follow insurance requirements, with a dedicated NRA brochure and online resources available to guide them. The National Revenue Agency (NRA) in... Read more
Euro in Bulgaria: Mixed payment of euro and leva?
Bulgaria
Author: Nikolina Basić
Beginning January 1, 2026, Bulgaria will enter a dual-currency period where both the lev and the euro are legal tender for one month. Note the following key details! Read more
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New webinar was uploaded: Recorded webinar: Countdown to EUR in Bulgaria - Compliance Insights for Retailers
Bulgaria
Author: Nikolina Basić
On August 28 , 2025, Fiscal Solutions organized a free webinar on the topic „Countdown to EUR in Bulgaria - Compliance Insights for Retailers“ The webinar was held by Nikolina Basić, Legal Consultant at Fiscal Solutions. Read more
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Bulgaria to begin free exchange of Levs to Euros on January 1, 2026
Public
Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
From January 1, 2026, Bulgaria will begin the free exchange of leva to euros, with the Bulgarian National Bank offering unlimited permanent exchanges and commercial banks and post offices providing free services until June 30, 2026. All leva bank accounts will be automatically converted to euros without fees, while exchanges after mid-2026 may incur charges and remain subject to anti-money launder... Read more