The Bulgarian National Bank (BNB) has initiated a trial minting process for 8 million euro coins, as announced by the BNB Governor Dimitar Radev during a conference on the euro’s introduction. Additionally, Radev stated that euro banknotes tailored to local requirements were currently undergoing printing.
Governor Radev provided further details, indicating that the total quantity of banknotes and coins required amounted to 12,300 tons, equivalent to the capacity of 620 tires.
While affirming that both the BNB and the banks were on track to fully integrate into the Eurozone until the end of the year, Radev acknowledged that there was still significant work to be done by the executive branch. He expressed concern over the impact of the political crisis, noting a loss of momentum and leadership in the accession process to the Eurozone. Radev emphasized the necessity for a sustainable pro-European political framework moving forward. (Novinite)