Balgarianovinite.com More than 90% of companies in the non-bank financial sector are already fully prepared for the adoption of the euro as of January 1, 2026, while the remaining companies will complete their adaptation processes by the end of the year, shows a survey conducted by the Financial Supervision Commission (FSC), the regulator announced on its official website. More than 85 of the largest companies in the country’s non-bank financial sector took part in the survey, with the conclusion being that the sector is ready for Bulgaria’s entry into the euro area.
The majority of companies have already adapted their information systems and have successfully conducted functionality tests, with no problems identified. According to the FSC, 99% of companies have ensured proper currency conversion and dual display of amounts in Bulgarian leva and euros, with preparations to meet legal requirements either completed or in their final stage.
All insurance policies, pension fund accounts, and investment positions will be automatically converted from leva to euros as of January 1 next year. This means that there will be no need to re-sign contracts or conclude additional agreements related to the introduction of the euro in Bulgaria, explained FSC Chair Vasil Golemanski during an informational meeting in Blagoevgrad held in September this year as part of the National Information Campaign on the introduction of the euro in Bulgaria.
In all three sectors regulated by the FSC – pension insurance companies, insurance companies and the capital market – every contract, every pension fund account, every insurance policy and all investment positions will be automatically recalculated in euro as of January 1. Policyholders, account holders and holders of shares or bonds do not need to take any steps. All conversions will be carried out by the respective companies and by the Central Depository where investment activities are concerned, Golemanski said. Financial Watchdog Poll: Over 90% of Non-bank Firms Ready for Euro Adoption 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-12-23 16:13:00 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
