Fiscal subject related
General information
The Ministry of Finance has updated the regulation on issuing cash receipts to prepare for the transition to the euro in early 2026. These changes affect all merchants using fiscal devices, who must coordinate with their device providers to reconfigure receipt formats.
Receipt Format Before and After Euro Adoption:
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Until January 1, 2026, receipts must display the price in leva, followed by the euro equivalent and the official exchange rate.
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From January 1 to December 31, 2026: The order is reversed—euro price first, then leva, followed again by the exchange rate.
This dual display is mandatory to support consumer clarity during the transition year. Prices must appear side-by-side in both currencies, in the same font and size, including promotional pricing.
Merchant Preparations and Exceptions
Retailers must adapt their fiscal devices accordingly. However, exceptions exist: electronic fuel station price boards are not required to display both currencies due to technical limitations.
All change must be given in one currency only—ideally euros. If euros are unavailable, merchants may temporarily return change in leva. The Bulgarian National Bank (BNB) will supply euros to commercial banks ahead of the switchover to support currency availability.
Retailer Concerns and Practical Challenges
Retailers are already preparing price labels in both currencies. Some worry about needing extra fiscal devices for managing separate transactions in leva and euros. Others are unsure how to round prices fairly during the transition and opt to favor the customer.
From 2026, receipts must clearly display:
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Total amount in euros
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Equivalent amount in leva
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Official exchange rate used
Overview:
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The regulation ensures price transparency and consumer protection throughout the currency transition.
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Retailers face operational burdens, including updating devices and training staff.
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The success of the transition relies on early bank-supplied euro availability and clear public communication to avoid confusion at the point of sale.
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While temporary technical and logistical issues may arise, the regulatory framework aims to ensure a smooth and fair adoption of the euro.
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