January 1, 2025, is announced to be Bulgaria’s new target date for entry into the Eurozone, which also means that that will probably be the date for adopting the euro as an official currency in Bulgaria. That was announced in the project published on the government website strategy.bg, but importantly, there is no official law or confirmation yet. The Law on the Adoption of the Euro in Bulgaria has still not been published for public debate, and because of that fact, the fiscally relevant data are still not known.
Will Bulgaria introduce the euro in January 2025?
Public
Bulgaria
Author: Kristina Dosen
Category:
Fiscal subject related
Views:
4201
Content accuracy validation date:
02.10.2023
Content accuracy validation time:
08:25h
Bulgaria missed the previous target date for the introduction of the euro in the country, January 1, 2024, after the caretaker government did not submit a report on the fulfillment of the criteria for membership in the Eurozone in February, all in accordance with the previous news that we’ve published in relation to the euro subject. Also, the current parliament is currently working on key laws that must be ready before the introduction of the euro. During the week, the European Central Bank also gave a positive assessment of the new BNB law with technical recommendations that will be discussed with the Ministry of Finance before the final texts are proposed for a vote by the government and then by the deputies. The law should enter into force the moment Bulgaria becomes a member state of the Eurozone, but we need to wait for the official regulations, dates, and deadlines.
Other news from Bulgaria
The NRA in Bulgaria announces upcoming changes to tax declarations for large taxpayers.
Public
Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
Starting January 1, 2026, Bulgaria’s NRA will require large taxpayers to submit accounting data using the standardized SAF-T format, with around 460 companies already notified. Pilot testing will begin soon, and a new electronic service is being developed to support SAF-T submissions ahead of full implementation. Starting January 1, 2026, the National Revenue Agency (NRA) will introduce ch... Read more
Bulgaria Introduces Amendments to Fiscal Regulations Ordinance No. 18
Bulgaria
Author: Nikolina Basić
Bulgaria has amended Ordinance No. N-18 to support the upcoming euro adoption and modernize fiscal regulations. Key changes include allowing fiscal receipts to display totals in currencies other than the official one, enabling electronic receipt generation through integrated systems, and enhancing flexibility for fuel stations using different electronic fiscal memory systems. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Transition to the euro in Bulgaria is nearby—what POS SW providers and retailers should know.
Bulgaria
Author: Nikolina Basić
Bulgaria is expected to adopt the euro on January 1, 2026, at a fixed rate of 1.95583 BGN per 1 EUR, with dual pricing on product labels likely starting from August 8, 2025, following ECOFIN’s final confirmation. Retailers and POS software providers must ensure systems are ready to recalculate prices, display totals in both currencies, and support dual-currency payments during the transition. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New document was uploaded: S4F backoffice patch
Author: Dejan Šijačić
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). This package contains instruction, release notes, changelog and software packages required for deployment of this software component. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
Bulgaria on Track to Adopt Euro in 2026
Public
Bulgaria
Author: Ljubica Blagojević
Bulgaria
Author: Ljubica Blagojević
The European Commission has confirmed that Bulgaria is ready to adopt the euro on 1 January 2026, having met all convergence criteria and aligned its legislation with EU and ECB requirements. A formal proposal has been submitted for Council approval, with final endorsement pending consultation with the Eurogroup, European Parliament, and ECB. The euro adoption is expected to enhance Bulgaria’s eco... Read more
Bulgaria Takes Steps to Combat Price Hikes During Euro Transition
Public
Bulgaria
Author: Ljubica Blagojević
Bulgaria
Author: Ljubica Blagojević
Ahead of Bulgaria’s euro adoption in January 2026, the NRA, CCP, and CPC have launched a coordinated campaign to prevent unjustified price hikes, beginning with inspections in over 150 stores across more than 30 cities. The effort targets misleading dual pricing, fiscal compliance, and consumer protection, with official templates issued to guide retailers and strict enforcement measures in place f... Read more
Bulgaria's Consumer Protection Agency Launches Euro Transition Oversight Campaign
Public
Bulgaria
Author: Ljubica Blagojević
Bulgaria
Author: Ljubica Blagojević
Bulgaria’s Consumer Protection Commission has launched a nationwide campaign to monitor and penalize unfair commercial practices during the euro transition, with fines of up to 50,000 leva per violation. The initiative includes joint inspections with the tax authority and a public awareness campaign aimed at informing citizens across both digital channels and in-person visits to 300 locations. &nb... Read more