Deputy Minister of Economy Doncho Barbalov stated that the regulatory authorities will be vigilant in the introduction of the euro in Bulgaria in order to avoid abuses. He said this during the economic forum "The Noise of Money" 2025, which was attended by representatives of institutions, business and the banking sector.
Barbalov emphasized the role of the Coordination Mechanism for Monitoring and Control, whose goal is effective monitoring of prices before and after the transition to the single European currency, as well as raising public awareness on the topic. According to him, the campaign to increase the financial literacy of people and businesses is crucial at the moment.
The Deputy Minister was adamant that with the adoption of the euro, Bulgaria will become a fully-fledged part of the larger European space and market, no longer being peripheral but moving to the center of Europe. He pointed out that this will have a positive impact on the participation of Bulgarian companies in European value chains and finding business partners in the EU.
"My priority is to convince people that the adoption of the euro is a positive process, as the transition from lev to euro should be informed, so that the benefits of membership can be felt by everyone," said Barbalov.
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