Finance
News on banks, loans, the state budget, financial institutions, tax policy, and capital markets.
Business in Bulgaria and Pension Contributions: Concerns for 2026.
The increase in pension contributions in the draft budget for 2026 raises concerns. The Bulgarian-Romanian Chamber of Commerce warns of risks to business and investment. The doubling of the tax on dividends is also worrying.
Denitsa Sacheva: The budget for next year will be discussed
Denitsa Sacheva announced that a meeting of the National Council for Tripartite Cooperation will be held next week to discuss the budget. Employers show understanding of the situation, but have objections to the draft.
BNB Unveils the Design of Bulgarian Euro Coins
The Bulgarian National Bank (BNB) presented the design of the euro coins with the Bulgarian national side. The sale of starter kits begins on December 1, 2025, for individuals.
Bulgaria Towards the Eurozone: A Historical Necessity, Says Radev
Bulgaria's accession to the Eurozone is a historical necessity, according to the Governor of the Bulgarian National Bank, Dimitar Radev. He emphasizes European identity and the strategic significance of this process, viewing it as the beginning of a new path.
Bulgaria on the Threshold of the Eurozone: The Prime Minister on the Future with the Euro
Prime Minister Rosen Zhelyazkov emphasized the strategic importance of the euro for Bulgaria at a conference. The introduction of the euro on January 1, 2026, will open up new economic opportunities.
Revolut stops working with the Bulgarian lev: automatic transition to euro
From December 17, 2025, Revolut stops supporting lev accounts - all balances will be automatically converted to euros, without fees for customers. The reason is Bulgaria's accession to the Eurozone.
Changes to BNB Regulation 22 on the Central Credit Register
The BNB announced changes to Regulation 22 on the CCR, including expanded access to information and shortened deadlines for data submission. The new rules aim to improve the efficiency of the credit process and better assess creditworthiness.
Interest Rates on Loans and Deposits: BNB Analysis for September
The BNB has published data on interest rates on loans and deposits for September. Interest rates on housing loans are rising, while some business loans show a decrease. Euro deposits show an increase.
Transition to the Euro: Government Institutions Mobilized for Control
Government institutions are mobilized for the introduction of the euro. The NRA (National Revenue Agency) and the CPC (Commission for Consumer Protection) will monitor for fraud and speculation. Citizens are advised to get information about prices and currency conversion from official sources and report any irregularities.
BNB analyzes the impact of sanctions on the banking system
The BNB is analyzing the effect of sanctions against Russian energy giants on the Bulgarian banking system. The central bank is monitoring the risks from the sanctions on "Rosneft" and "Lukoil" and the impact on the economy.
Preparation of the 2026 budget underway, announced Minister Petkova
Finance Minister Temenuzhka Petkova confirmed that the budgetary procedure for 2026 has begun. Preparation is active, and the draft budget is expected to be submitted to Parliament soon. The Minister called for patience.
Bulgaria in the Eurozone: Lagarde on the Benefits of Membership
Christine Lagarde of the ECB welcomes Bulgaria's accession to the Eurozone from 2026. She highlighted the benefits of the euro for citizens and businesses. Lagarde emphasizes the stability and liquidity associated with membership.
BNB Releases Silver Coin for the 125th Anniversary of Emergency Medical Services
The Bulgarian National Bank (BNB) is issuing a silver commemorative coin for the 125th anniversary of the establishment of Emergency Medical Services. The coin costs 180 leva and has a mintage of 4000 pieces, highlighting its collector's value.
Government to Discuss Electricity Compensation and Municipal Budgets
Today's government meeting will discuss compensation for businesses for electricity (2025-2026) and additional funds for municipalities for transporting Ukrainian children to schools. Changes to programs will also be considered.
BNB Announced Changes to the Regulation on the Central Credit Register
The BNB announced changes to Regulation No. 22 on the CCR for better fraud protection and more accurate creditworthiness assessment. Data submission deadlines will be shortened and information on court decisions will be regulated.