Following Bulgaria’s approval to join the eurozone, all retailers must display prices in both leva and euros with equal prominence starting one month after the official adoption decision, continuing for 12 months after the euro's introduction. During this period, fiscal receipts must show the final payment amounts in both currencies, and Bulgarian Posts will facilitate currency exchange at over 2,000 locations nationwide.
Dual pricing rules in Bulgaria regarding euro adoption—retailers’ obligations and cash register settings
Public
Bulgaria
Author: Nikolina Basić
Category:
Fiscal subject related
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1350
Content accuracy validation date:
30.04.2025
Content accuracy validation time:
08:16h
Following Bulgaria's recent approval to join the eurozone, the Ministry of Economy and Industry has announced mandatory regulations for all retailers requiring prices to be displayed in both leva and euros. Prices must be presented side by side, with equal prominence, font size, and clarity to avoid preference for either currency.
Also, retailers must display prices in both currencies for 12 months after the euro’s official introduction. While some merchants have preemptively listed prices in euros for early orientation, the ministry clarified that this is not yet legally required. The ministry advises against premature implementation until the official decision is finalized.
The dual indication period begins one month after the decision on the adoption of the euro comes into force. During this time, prices must be displayed in both Bulgarian levs and euros, providing clarity for consumers as they familiarize themselves with the new currency.
This dual indication will continue for 12 months after the date the euro is officially introduced in Bulgaria, ensuring a comprehensive adjustment phase for businesses and citizens alike.
Importantly, consumers are provided with clear, accurate, and timely information about the values of goods and services in levs and euros.
Prices shall be displayed clearly, legibly, unambiguously, and easily understood, in the same font size, in a manner that does not mislead consumers. They shall be placed together and accompanied by a distinctive sign or abbreviation allowing their easy recognition. The final amount paid by the consumer shall also be presented in both currencies in the fiscal/system receipt issued or other document recording the payment. In announcements of price reductions for goods and services, expressed in absolute value or percentage, the trader may make a double indication of the prices of goods and services only in relation to the final price paid by the consumer.
Regarding cash register settings, during the period of double indication, the total final amount paid by the consumer will be declared in the issued fiscal receipt in euros and in levs, together with the official exchange rate of the lev to the euro.
Namely, from the date of introduction of the euro in the Republic of Bulgaria, every person who accepts payments for which he is obliged to issue a fiscal receipt is obliged to register and report them in euros and cents.
It is important to mention that Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country, according to an official statement from the postal operator cited by BTA.
At these locations, individuals will be able to exchange lev banknotes and coins into euros for amounts up to 1,000 leva per person per day. For sums between 1,000 and 10,000 leva per day, customers will need to submit a prior request between three and five working days in advance. Such exchanges will only be processed at 954 designated offices within the postal network.
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