- Bulgaria plans to adopt the euro as its official currency on January 1, 2026.
- The decision follows recommendations from Eurozone finance ministers and positive evaluations from the European Commission and European Central Bank.
- Bulgaria will become the 21st member of the euro area, a goal since its EU accession in 2007.
- The National Revenue Agency (NRA) is monitoring price changes ahead of the euro adoption.
- Inspections were conducted in over 150 retail chains and local stores across more than 30 cities.
- The focus was on 14 key consumer goods, with various price increases recorded.
- Authorities are analyzing data and may implement further measures, with findings to be presented soon.
- Efforts are being made to prevent unjustified price hikes during the currency transition.
- VAT monitoring is a critical focus, with data analytics used to cross-check VAT declarations.
- Inspections are expanding to include restaurants, cafes, beauty salons, and other businesses.
- From August 8, 2025, dual pricing in leva and euro will be mandatory until December 31, 2025.
- From January 1, 2026, receipts will primarily show values in euros, with leva amounts included.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
