Balgarianovinite.com The introduction of the euro will open more doors — or at the very least, remove certain barriers — for businesses when they decide to expand abroad or attract investors to Bulgaria. With the adoption of the euro, this process will become much easier, said Vasil Golemanski, Chair of the Financial Supervision Commission (FSC), on Tuesday during the Investor Finance Forum in Sofia.
This is the 14th edition of the forum, which brings together representatives of Bulgaria’s financial and investment community. The event is organized by Investor.bg.
Golemanski outlined the current challenges facing the FSC, the first of which is related to Bulgaria’s adoption of the euro. He recalled that the Commission plays a coordinating role for the non-banking financial sector in this process. Companies in the capital market, as well as the Bulgarian Stock Exchange and the Central Depository, have declared their readiness for the transition to the euro, Golemanski noted. “In this project, we have achieved technical readiness; the remaining part is a challenge for society as a whole, to ensure that the transition happens smoothly and without disruptions,” he added.
Another major challenge for Bulgaria’s financial market, Golemanski said, involves two European regulations — MiCA, which concerns crypto-asset trading and services, and DORA, which concerns IT resilience. “The way we work and the level of cybersecurity in the IT sector on our market have been somewhat underestimated. But when unpleasant incidents occur, businesses start to pay special attention,” he remarked.
“The DORA regulation is precisely about this — it draws attention to the fact that all matters concerning our financial and capital markets are now fundamentally based on IT services. Therefore, all issues related to the resilience and reliability of providing these services are extremely important, so that we can continue operating, secure our business, and serve our clients 24/7,” Golemanski explained. Euro Adoption Will Open More Doors for Business, Says Financial Supervision Commission Chief Golemanski 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-11-11 12:29:59 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law