Fiscal subject related
General information
The European Commission has confirmed that Bulgaria is ready to adopt the euro on 1 January 2026, marking a major step in its economic integration with the EU. This conclusion, detailed in the 2025 Convergence Report, finds that Bulgaria meets all four nominal convergence criteria and that its legislation aligns with EU treaties and the ECB framework. The report also considers broader economic integration factors, such as trade, financial, and labor market developments.
In response, the Commission has proposed a Council Decision and Regulation to introduce the euro in Bulgaria. Final approval will follow discussions in the Eurogroup and European Council and opinions from the European Parliament and ECB. This decision follows Bulgaria’s formal request in February 2025 for a special convergence assessment, building on its participation in ERM II since 2020.
Commission leaders emphasized the euro’s economic benefits—price stability, lower transaction costs, increased trade and investment—and praised Bulgaria’s readiness. The move follows the country’s full entry into Schengen in early 2025, symbolizing deeper EU integration.
Important Points:
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Bulgaria is set to join the euro area on 1 January 2026.
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It fulfills all convergence criteria and legal compatibility.
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The decision follows its ERM II participation since 2020.
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Final approval rests with the EU Council, after institutional consultations.
The euro is expected to boost trade, investment, savings, and economic stability in Bulgaria.
Other news from Bulgaria
Dual currency printing on receipts: deadlines and guidelines ahead of Euro adoption in Bulgaria

As Bulgaria prepares to adopt the euro, the Ministry of Finance has set clear rules for fiscal receipt formatting during the transition. Until December 31, 2025, receipts must show prices in leva with a euro equivalent. From January 1 to December 31, 2026, this order reverses, euro becomes the primary currency, with leva shown as a reference. With the official transition to the euro underway, the... Read more
National Revenue agency of Bulgaria receives over 300 submissions during public SAF-T consultations

The Bulgarian National Revenue Agency (NRA) has concluded a public consultation on its upcoming order regarding the format and submission process for the Standard Audit File for Tax Purposes (SAF-T). A total of 338 contributions from 49 individuals were reviewed, focusing on technical annexes and reporting instructions. While most feedback challenged the broader legal framework, the final order ou... Read more
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Already subscriber? LoginImportant dates and rules regarding the adoption of Euro in Bulgaria

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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Already subscriber? LoginIt is official – Bulgaria will join the Eurozone in 2026.

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

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.

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