The latest news is coming from the Bulgarian National Bank, where the deputy governor has introduced June 2024 as a pivotal month for joining Bulgaria in the Eurzone. In terms of the euro as an official currency in Bulgaria, he stated that plans for introducing price visibility in both the Bulgarian Lev (BGN) and Euros (EUR), slated to commence approximately a month after receiving the EC's opinions, are expected around July 2024.
The latest announcements from Bulgaria regarding the countdown to the Eurozone and the Euro as an official currency
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Bulgaria
Author: Kristina Dosen
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Fiscal subject related
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431
Content accuracy validation date:
04.12.2023
Content accuracy validation time:
08:45h
Also, there is a statement that by the end of 2025, both BGN and EUR prices would be openly displayed, allowing citizens to compare and make informed decisions. He detailed the envisaged transition, stating that after the introduction of the euro, there would be a transitional period for payments in both BGN and EUR, and that BNB, specific post offices, and banks would offer free Bulgarian levy exchange services, emphasizing the practical aspects of the impending currency transition. But it is important to wait for official rules and regulations to confirm all of this information. Also, this will have an impact on fiscalization, and more updates in those terms are still expected.
Other news from Bulgaria
Important dates and rules regarding the adoption of Euro in Bulgaria
Bulgaria
Author: Nikolina Basić
Bulgaria will adopt the euro on January 1, 2026, with key transitional dates including dual pricing starting August 8, 2025, and a one-month dual circulation period in January 2026. During this time, prices must be shown in both BGN and EUR, but dual invoicing is not required, and from January 2026, transactions and accounting will be conducted in euros. Read more
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It is official – Bulgaria will join the Eurozone in 2026.
Public
Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
Bulgaria will officially adopt the euro on January 1, 2026, at a fixed rate of 1 euro = 1.95583 leva, becoming the 21st eurozone member. To support the transition, the government has launched an official website and currency calculator, while the Bulgarian National Bank has begun minting euro coins. Bulgaria is finalizing preparations to adopt the euro as its official currency on January 1, 2026.... Read more
Bulgarian Government updates Euro adoption plan ahead of 2026 entry
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Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
On July 2, 2025, Bulgaria adopted an updated National Plan for the Introduction of the Euro, reaffirming its target to join the euro area on January 1, 2026. The revision reflects recent technical progress, institutional coordination, and alignment with EU convergence reports confirming Bulgaria’s readiness for euro adoption. On July 2, 2025, the Government of Bulgaria officially adopted an update... Read more
Bulgarian authorities investigate price hikes regarding Eurozone transition.
Public
Bulgaria
Author: Nikolina Basić
Bulgaria
Author: Nikolina Basić
Bulgarian authorities are intensifying inspections of retailers to prevent unjustified price hikes ahead of the country’s euro adoption on January 1, 2026, with over 150 outlets already checked and data forwarded to competition and consumer watchdogs. The National Revenue Agency is also cross-verifying VAT data to detect irregular pricing, while mandatory dual currency display on receipts will beg... Read more
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
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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
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