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Paschal Donohoe

Eurogroup confirms euro/lev exchange rate

Eurogroup finance ministers confirmed on Monday that the euro- lev exchange rate would remain unchanged after Bulgaria joins the eurozone. This was announced by President of the Eurogroup Paschal Donohoe. Today, the European Parliament in Strasbourg..

08.07.25 09:35 |

Protesters against the euro block the center of Sofia, demand resignation of the cabinet

Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia blocked traffic in the so-called "triangle of power". The demonstration was organized by the Citizens'..

29.06.25 10:21 |

The market will test the state when introducing the euro, said the prime minister

We do not yet have the euro, but the information that we may have it inspires certain market entities, said Prime Minister Rosen Zhelyazkov at the opening of the National Discussion “The Effect of the Eurozone. The Experience of Member States Speaks”...

20.06.25 10:43 |

Eurogroup President expects consensus on Bulgaria's eurozone entry

Eurogroup president Paschal Donohoe expects a consensus at today's meeting in Luxembourg on Bulgaria's entry into the Eurozone, BNR correspondent in Brussels Angelina Piskova reported. I believe that Bulgaria's accession to the Eurozone will be..

19.06.25 17:47 |
Zhecho Stankov

Big financial funds ready to finance Bulgaria’s energy sector, energy minister says

Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their readiness for the profitable financing of Bulgaria’s energy industry, said Energy Minister Zhecho Stankov..

15.06.25 15:22 |
Kostadin Kostadinov

Vazrazhdane leader Kostadinov sends letters to all presidents and prime ministers of EU member states

"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the state budget, the attitudes of Bulgarian citizens and the desire for a referendum. We are asking..

07.06.25 13:33 |

Bank accounts in Bulgarian levs will be automatically converted to euros

The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at the officially announced exchange rate (1.95583 BGN = 1 EUR). That will be done free of charge,..

06.06.25 08:46 |

The government will work to ensure a smooth transition to the euro

''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This is a cause for pride for Bulgarian society, which in the late 1990s embarked on the path to be..

04.06.25 17:49 |
Deputy Prime Minister Zafirov (R) at a meeting with Bulgarian employers.

Deputy PM Zafirov: A grim scenario unlikely after euro adoption

'The business community is ready to join the eurozone, and a grim scenario is unlikely after the euro is adopted,' said Deputy Prime Minister and BSP leader Atanas Zafirov, as reported by BNR journalist Daniel Inkov. Prior to the publication of the..

03.06.25 17:07 |

Ministry of Interior disputes the number of supporters of the Bulgarian lev who protested on May 31

Supporters of keeping the Bulgarian lev after 2026 and the Ministry of Interior disagree on the number of people who took to the streets of Bulgarian cities on May 31. The organizers of the protest, which took place in Sofia and in more than..

02.06.25 09:57 |
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