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The Bulgarian National Bank (BNB) has no formal basis and has not suspended the technical work on the adoption of the euro. It is being carried out on schedule and within the bank's budget for 2023. The press center of the Bulgarian National Bank said, regarding political comments, that the process of joining the Eurozone should be stopped. On April 13 this year, the Governing Council of the BNB adopted a draft of a new Law on the BNB, which creates the legal framework for the work of the BNB in the conditions of the Eurozone. The draft has been submitted to the Ministry of Finance and is in the process of being agreed upon with the ECB. The preparation for the test minting of the Bulgarian euro coins, as well as the adaptation of the payment systems, is also underway. The regulations and more rules about this process are expected.
Other news from Bulgaria
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
New document was uploaded: S4F backoffice installer
S4F backoffice installer is intended for users who are installing the software for the first time. Please make sure to obtain latest version of installer and to apply all subsequent patches that are released subsequently. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. This version of the Backoffice installer supports the following countries: Austria, Bulgaria, Croatia, France, Italy, Poland, Portugal, Romania, Slovakia and Slovenia. Read more
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: Croatia. Read more
Analyse the draft law for the introduction of the euro in Bulgaria: obligations in terms of the presentation of prices
As a reminder, last month the draft law about the introduction of the euro as an official currency was published, with a lot of changes and rules that must be followed. If we analyse it from the seller's point of view, more rules must be respected. We will elaborate on this topic below. Namely, when the prices of goods and services are indicated twice, the prices in euros and in levs must be plac... Read more
Analyse the draft regulation for the introduction of electronic receipts in Bulgaria.
As we wrote in our previous news, the Draft Ordinance amending and supplementing Ordinance No. H-18 of 2006 on registration and reporting through fiscal devices of sales in commercial establishments, requirements for software for their management, and requirements for persons who carry out sales has been made available for public discussion until April 3, signaling the government's commitment to soliciting feedback and ensuring a smooth transition to electronic receipt issuance. Read more
New document was uploaded: S4F backoffice patch
S4F backoffice patch is intended for users who have already installed S4F backoffice and are intended to update existing installations to latest version. To do so apply only patches that are marked with version number that is newer than your currently installed instance of backoffice. Please make sure to install all available patches sequentially (without skipping). For each patch it is specified for which countries it is released for and with this information and with information from release notes user should prioritize the installation of the patch if S4F Backoffice is used in specified countries. Even though the patch may be prioritized for specified countries please make sure to install all patches sequentially, including the previous ones (if any) even if they are not related to used countries. This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Please note that this patch contains changes for following country: France Read more
A special site for the introduction of the euro in Bulgaria has been launched
The Ministry of Finance in Bulgaria launched an information site dedicated to the introduction of the euro in Bulgaria. It is introduced to serve as a useful and reliable source of accurate, timely, and up-to-date information and to collect all important news, decisions, and events in one place related to the introduction of the single European currency in Bulgaria. In addition to text content,... Read more