The Ministry of Economy and Industry hosted a meeting of the expert working group “Consumer Protection” under the Coordinating Council for the Preparation of the Republic of Bulgaria for Membership in the Eurozone. The meeting brought together representatives of institutions, agencies, and organisations engaged in ensuring a smooth and effective transition to the euro, with particular focus on consumer rights and protection.
In his address, Deputy Minister Barbalov emphasised the need for regular and targeted communication among all stakeholders. “In order to ensure a smooth transition, I believe that regular meetings should be held so we can address emerging issues, exchange information, seek solutions, and prepare all participants for the real challenges ahead,” he stated.
During the session, the Ministry of Economy and Industry and the Ministry of Finance presented the latest developments in the Law on the Introduction of the Euro in the Republic of Bulgaria, with emphasis on mechanisms for monitoring, control, and consumer protection in the process of price and currency conversion.
Barbalov stressed that the active participation of the Commission for Consumer Protection, as well as business representatives and civil society organisations, would be of exceptional importance. “We will rely on joint work so that we can respond promptly to any signal or risk. Together we will build a system that not only monitors, but also supports people in adapting to the new currency,” added the Deputy Minister of Economy.
Special attention was also given to the role of supervisory bodies, which, between 8 August and 8 October 2025, will not impose sanctions but will issue written instructions in cases of identified violations, in accordance with procedures regulated by key secondary legislation.
After 8 October, these same bodies will gain the authority to impose the prescribed sanctions in cases of breaches related to the introduction of the euro, including the improper display of prices, the absence of dual pricing, and other infringements.
Deputy Minister Barbalov also underlined the importance of clear and accurate regulation of the prices of goods and services. “It is important to note that, within the adopted regulatory framework, the categories of goods and services subject to the strictest monitoring for unacceptable deviations in dual price display have been precisely defined. These categories are clearly stated and will be subject to enhanced control from the very first day of the process. Our aim is to prevent abuses and ensure full transparency for consumers,” he stressed.
In support of the smooth transition to the euro, the Commission for Consumer Protection, in cooperation with other institutions, will organise public information campaigns in 165 municipal centres across the country. The initiative is aimed at traders, business representatives, and local authorities. It will also reach small settlements where people traditionally have more limited access to up-to-date information. Informational materials have been prepared. “Our goal is to build trust between business and institutions by creating an environment for dialogue. Everyone should be able to raise their questions, and we will provide clear and accurate answers,” emphasised Barbalov.