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Bulgaria and the euro

03 February 2008
by eub2 -- last modified 03 February 2008

Bulgaria joined the European Union on 1 January 2007 and has committed to adopt the euro once it fulfils the necessary conditions.


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Bulgaria at a glance

Surface area: 110 990 km2
Population: 7 679 290 (Eurostat 2007)
Joined the European Union: 1 January 2007
Currency: lev (BGN)

Euro information

Status: Bulgaria is not yet a member of the euro area. The lev is not yet within the Exchange Rate Mechanism (ERM II).

Exchange rate: The current euro to lev foreign exchange reference rate can be consulted on the website of the European Central Bank (updated daily).

Adoption of the euro: Bulgaria does not have a target date to adopt the euro.

Opinion polls and surveys

Flash Eurobarometer 207 (May 2007)

Websites

European Union portals
Information Centre of the European Union in Bulgaria (also in English)
Evroportal, the portal of the Bulgarian government on the European Union (also in English)

Institutions
Българска народна – Balgarska narodna banka (Bulgarian National Bank, also in English)
Министерство на финансите (Ministry of Finance of the Republic of Bulgaria, also in English)
Government of the Republic of Bulgaria (also in English)

Business
Euro Info Centres Bulgaria
Bulgarian Chamber of Commerce and Industry (also in English)

Consumers
Federation of Consumers in Bulgaria (only in English)

Source: European Commission