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EY - Bulgaria to Adopt the Euro: Key Business Implications

On June 4, 2025, the European Central Bank confirmed Bulgaria’s readiness to join the eurozone. The euro will officially be adopted on January 1, 2026.

Businesses are expected to take several important steps to ensure a smooth transition. EY Bulgaria highlights key areas of focus:

  • Updating corporate documents, including statutes and shareholder agreements
  • Implementing dual pricing for consumer transparency
  • Reviewing employment terms and payroll records
  • Assessing the impact on contracts, financing, and accounting systems
  • Preparing software systems for euro reporting
  • Training staff for the transition

The article outlines practical considerations and recommendations to help companies navigate the upcoming changes effectively.

Read the full article here
2025-06-20 15:10