site.btaChair of Commodity Exchange State Commission to Head Coordination Centre on Euro Adoption

At the beginning of Tuesday's Cabinet meeting, outgoing Prime Minister Rosen Zhelyazkov reported that the mechanism for introducing the euro will be enhanced by establishing a coordination centre that will be headed by Vladimir Ivanov, the Chair of the Commodity Exchange and Wholesale Markets State Commission.

The centre's task is to coordinate the work of institutions at the central, regional, and municipal levels on all matters related to control activities, communication aspects, and response to problems that citizens and businesses may encounter during the period of dual price labelling and dual circulation of the lev and the euro. Zhelyazkov added: "We are counting on citizens and businesses for tolerance and understanding that the introduction of the euro will have a long-term positive effect on the economy and for the change in the environment in which the country is developing."

From January 1, Ivanov will be the person who will communicate with media representatives on all issues related to the introduction of the euro, Zhelyazkov also said.