Valentin Mundrov, Minister of e-Government, stated in Razgrad that the introduction of the euro in Bulgaria will be a catalyst for reforms leading to a more efficient administration and a reduction in bureaucracy. During an informational meeting on the country's accession to the Eurozone, he emphasized: "When we talk about the Eurozone, we are not only discussing the monetary unit – this is a system of standards, technologies, and integrations that will accelerate the digital transformation of the state."
Minister Mundrov highlighted that the adoption of the European currency will help unify financial transactions, eliminating the need for currency exchange in cross-border payments, and will contribute to more transparency and interoperability between Bulgarian and European institutions. "The adoption of the euro will accelerate the introduction of unified European digital solutions, facilitate electronic payments, increase security, and create new opportunities for investment in Bulgaria," he added.
Mundrov announced that the ministry's goal is for all information systems and electronic services to be fully ready by January 1, 2026, so that the transition to the new currency is as convenient and seamless as possible for citizens, businesses, and the administration. People will feel this change through a number of new and improved electronic services, including the payment of taxes, social, and administrative fees – all with a high degree of automation and integration between institutional systems.
This strategy is at the heart of the vision for a digital Bulgaria and will guarantee transparency, speed, and security for every citizen, the minister noted.