BGN 89.819 million will be spent BNB next year for the minting of 780 million euro coins in connection with the preparation for the introduction of the euro legal tender in our country. This is reflected in the central bank’s draft budget for next year, published on its website.
Bulgaria has set itself the goal of introducing the euro January 1, 2024 Then he will have the right to produce his own euro coins, on which a characteristic symbol of our country will be depicted. What it will be, will be determined after a competition.
Because of the euro, the cost of producing new ones coins in 2023 they were increased by 402.4% and that’s a total of BGN 108.636 million, of which BGN 7.005 million will go to commemorative coins. To cover the need for Bulgarian exchange currencies, 115 million pieces will be produced.
Estimated costs for new banknotes next year it will be 8.092 million levs, a decrease of 21.2% compared to 2022. The money will be used to print 50 million banknotes with a denomination of 50 levs. In determining the costs, according to the BNB, the agreed prices for the delivery of paper banknotes and their printing were used.
