Bulgaria Sets Strict Penalties for Price Speculation During Euro Transition, Fines Up to 1 Million Leva
Traders setting prices in bad faith during the transition period of displaying prices both in leva and euro face fines ranging from 5,000 up to 1 million leva, according to recent amendment proposals to the Euro Introduction Act. These changes, introduced between the bill’s first and second readings, aim to tighten controls on pricing practices from August 8, 2025, through the end of 2026.
The draft, submitted by GERB’s Delyan Dobrev, Yordan Tsonev from Novo nachalo, and Denitsa Nikolova from GERB, specifies that penalties will depend on the violation’s duration and severity as well as the trader’s turnover....