Control mechanism to ensure smooth transition to the euro in Bulgaria

At today's meeting, the Bulgarian Council of Ministers approved the establishment of a coordination mechanism for monitoring and control related to the introduction of the euro in Bulgaria. This provides an additional guarantee for a smooth transition to the single European currency. The aim is to monitor prices more effectively before and after euro adoption, raise public awareness of the issue and promptly identify and sanction any unfair trading practices, including incorrect currency conversion from lev to euro.

• EP, ECB convergence reports greenlight Bulgaria's entry into the eurozone

This decision follows the publication of the convergence reports by the European Commission and the European Central Bank, which confirm that Bulgaria is ready to adopt the euro on 1 January 2026.