We are working to protect citizens’ interests, with the aim of preserving purchasing power
Small and medium-sized enterprises are the backbone of the Bulgarian economy, and they will be among the main beneficiaries of the introduction of the euro. This was stated by Peter Dilov, Minister of Economy and Industry, in Blagoevgrad during an Information meeting held as part of the National Information Campaign on the Introduction of the Euro in Bulgaria.
According to him, the single currency will eliminate unnecessary currency conversion costs, facilitate access to financing, and provide greater opportunities for growth and international partnerships. “The adoption of the euro will deliver direct benefits to small and medium-sized enterprises, including lower transaction costs, faster and more secure trade with European partners, and improved conditions for investment and innovation,” Dilov emphasised.
He noted that with the adoption of the euro, SMEs will strengthen their competitiveness abroad – a strategic step that will open up new opportunities for Bulgarian business. “The Ministry will continue to actively support business throughout the preparation process, by providing guidance and explanations to ensure a smooth transition to the new currency,” the Minister added.
During the meeting, Minister Dilov clarified that the Ministry’s primary responsibility is to protect the interests of Bulgarian citizens. “This is why we are introducing dual price labelling – clear and legible, so that there can be no doubt or deception. We are closely monitoring accurate conversion and rounding to prevent any artificial price increases. We are also introducing ongoing monitoring of the prices of essential goods and services and will keep the public regularly informed of any changes,” he stated.
The Minister of Economy assured that all these measures are aimed at the most important goal – to ensure that no consumer is disadvantaged and that households’ purchasing power, particularly that of socially vulnerable groups, is safeguarded. At the same time, the state is actively supporting businesses by providing instructions, guidelines, and clarifications for the proper implementation of dual price labelling and the smooth transition to the new currency.
“We are observing stability, as we track 27 factors that could potentially affect producers’ costs,” Dilov underlined.
He further pointed out that accession to the euro area is a process that requires unity, consistency, and cooperation between the state, businesses, institutions, and civil society. “Our goal is clear – stability for the economy, transparency and fairness for consumers, and guarantees that no one will be disadvantaged. Only in this way can we welocme 1 January 2026 as a confident, stable, and strong Bulgaria,” concluded the Minister of Economy and Industry.
Also taking part in the event were Prime Minister Rossen Jeliazkov; Galya Dimitrova, Deputy Minister of Finance; Petar Chobanov, Deputy Governor of the Bulgarian National Bank; Georg Georgiev, Minister of Foreign Affairs; Krasimir Valchev, Minister of Education; and Metodi Baykushev, Mayor of Blagoevgrad.