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Bulgarian National Bank Overhauls Regulations Prepping for Eurozone Entry

A significant shift is on the horizon for Bulgaria’s financial landscape as the Bulgarian National Bank (BNB) gears up for its integration into the Eurozone by January 1, 2025. The impending transition will be accompanied by an entirely revamped Law on the Bulgarian National Bank, now open for public discussion via the government’s Portal for Public Consultations. This transformation signifies a departure from the existing monetary policy framework established in 1997….