BNB Governor: The euro is not a standalone guarantee of stability

“The euro is not a standalone guarantee of stability. It is a framework that makes both the strengths and weaknesses of the system more visible. The first months show that Bulgaria’s banking sector entered this framework well prepared.”

This was stated in connection with the country’s adoption of the euro as of January 1, 2026, by the Governor of the Bulgarian National Bank (BNB), Dimitar Radev, in the quarterly bulletin of the Association of Banks in Bulgaria, published on the BNB’s website.

Edited by Miglena Ivanova