Bulgarian Banks Encourage Early Leva Deposits Ahead of Euro Conversion in 2026
Business
Although converting leva into euros may appear straightforward - just divide by the fixed rate of 1.95583 - reality brings far more complexity. The transition comes with a massive logistical operation. According to preliminary Bulgarian National Bank estimates, around 640 tons of banknotes and 7,700 tons of coins will be pulled from circulation, most of which is expected to happen in the early months of 2026. The Association of Banks in Bulgaria (ABB) is urging people to ease the process by
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