When midnight strikes on Wednesday, Bulgaria will give up the lev currency, which has been in use since the late 19th century. "It will make travelling and living abroad easier, boost the transparency and competitiveness of markets, and facilitate trade." According to the National Statistical Institute, food prices rose by five percent year-on-year in November, more than double the eurozone average. On Tuesday, people queued outside the Bulgarian National Bank and several currency exchange offices in the capital Sofia to obtain euros. He stressed that introducing the euro will have "a positive long-term effect on the Bulgarian economy and on the environment in which the country is developing".

Source: Bangladesh Sangbad Sangstha December 31, 2025 12:53 UTC