Euro
Up To BGN 5,000 Fine For Incorrect Conversion And Rounding Of Prices From BGN To EUR
Up to BGN 5,000 fine for incorrect conversion and rounding of prices from BGN to EUR
A transition period and special conditions protect consumer rights
Rounded Prices in Euros to Hit Bulgarians' Pockets after Eurozone Entry
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency.
Cost of Euro Adoption in Bulgaria Estimated at Over Half a Billion Levs
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million. This disclosure accompanies the draft Law on the introduction of the euro, which was published by the Ministry on Tuesday.
Experts Assert: Euro Introduction in Bulgaria Won't Lead to Price Hikes
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal. Renowned economists, including Petar Ganev and Preslav Raykov, have weighed in on the matter, emphasizing the stability and positive prospects associated with the currency transition.
Bulgaria's Euro Transition: Draft Law Unveiled for Public Discussion
The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency.
Draft Law on Euro Introduction Open for Public Discussion
The Ministry of Finance has made public the draft Law concerning the implementation of the euro in the Republic of Bulgaria, inviting public discourse. The objective of this initiative is to facilitate the seamless integration of the euro into Bulgaria and enhance transparency and understanding regarding the adoption process of the unified European currency within the nation.
Bulgarian Ministry of Finance Launches Euro Information Website: Your Guide to the Currency Transition
In a proactive move towards preparing Bulgarian citizens and businesses for the adoption of the euro, the Ministry of Finance has unveiled a comprehensive information website dedicated to the impending transition. Еврото.бг, the newly launched platform, aims to furnish users with reliable and timely updates on all facets of Bulgaria's integration into the Eurozone.
Eurozone Countries Applauds Bulgaria's Progress Towards Euro Adoption
Bulgaria's strides towards adopting the euro have garnered recognition and praise from the eurozone countries. A statement issued at the recent summit of eurozone nations commended Bulgaria's efforts on the path to euro adoption and urged continued commitment until all convergence criteria are met.
Bulgaria Starts Year with Current Account Surplus: BNB Data
The current account for Bulgaria in January 2024 showed a slight deficit of EUR 3.6 million, as reported by the latest data from the Bulgarian National Bank (BNB) regarding the country's balance of payments. However, this deficit marked a significant improvement compared to the previous year, with a deficit of EUR 267.7 million in January 2023.
Dinar-to-euro exchange rate at RSD 117.2100
BELGRADE - The Serbian dinar's official median exchange rate against the euro is 117.2100 dinars for one euro on Wednesday, which is a slight change from Tuesday, the National Bank of Serbia said.
The dinar is steady against the euro m-o-m, up by 0.1 pct y-o-y and steady relative to the beginning of the year.
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