Bulgarian National Bank

"The Governing Council of the Bulgarian National Bank has united around the idea of reproducing the design of the current exchange coins, which will ensure continuity in the monetary signs used and will facilitate the recognition of the new currency by Bulgarian citizens, namely: the Madara Rider - on the small coins; St. John of Rila - on the 1 euro coin; and Paisius of Hilendar - on the 2

The Bulgarian Parliament voted and elected Dimitar Radev as Governor of the Bulgarian National Bank (BNB) with a mandate of 6 years. He was nominated by GERB-SDS.

"According to data from 2022, the export of specialized weapons production increased by 200%. This is about 1.6 - 1.7 billion euros or about 220% growth compared to 2020." This is what the Bulgarian Minister of Economy Bogdan Bogdanov said this morning on the National Television.

By the end of the year, commercial banks will be technically ready to accept the euro, according to, Dimitar Radev, Governor of the Bulgarian National Bank (BNB). He said this during his hearing by the parliamentary committee on European Union issues.

GERB has received assurances from the leaders of "We Continue the Change" that there will be a rotation of the cabinet. This happened at the last leadership meeting between the parties, GERB leader Boyko Borissov told journalists in the parliament:

"Nobody doubts that there will be no rotation, right?" This was stated by GERB leader Boyko Borissov on the sidelines of parliament regarding the disagreements with the WCC-DB. According to him, they are doing everything "which is on the record" - changing personnel in ministries, agencies, regulators and "appointing their own people everywhere".

The Turkish lira, which fell today by more than five percent, hit a new historic low against the dollar ten days after the re-election of President Recep Tayyip Erdogan, reported AFP.

"Bulgaria is on the final stretch on the road to the Eurozone". This was stated by Iliya Lingorski from the BNB Board of Directors during a forum dedicated to the advantages for business and the economy of the adoption of the euro.

The pro-Russian "Vazrazhdane" party demanded the resignation of the governor of the Bulgarian National Bank (BNB), Dimitar Radev. According to them, he has started implementing the plan to introduce the euro.

The Bulgarian National Bank (BNB) has no formal basis and has not suspended the technical work on the adoption of the euro. It is being carried out on schedule and within the bank's budget for 2023, the press center of the Bulgarian National Bank said regarding political comments that the process of joining the Eurozone should be stopped.