site.btaPresident Radev Discusses with Bankers Sector’s Readiness for Euro Adoption in 2026

President Rumen Radev and the leadership of the Association of Banks in Bulgaria discussed here on Monday the banking sector's readiness for the introduction of the euro as of January 1, 2026, the President’s press secretariat said. Vice President Iliana Iotova also took part in the meeting.

The head of State highlighted the contribution of Bulgarian banks to ensuring financial stability in the country against the backdrop of an unstable political environment. According to him, the responsibility of banks is increasing amid untimely and ineffective measures by the responsible state institutions in the process of introducing the euro.

The Association of Banks in Bulgaria noted that payment systems, as well as ATMs, are ready for the transition to the new currency, the euro. No significant changes are expected in the short and medium term with regard to interest rates on mortgage and consumer loans offered by Bulgarian banks, the Association’s leadership emphasized.

The possibilities for Bulgarian banks to provide conditions for businesses in Bulgaria that would stimulate their initiative and encourage the attraction of investments after the introduction of the euro were also discussed.