Bulgaria and the euro Bulgaria and the euro Bulgaria committed to switching its currency, the lev, to the euro upon its joining the European Union in 2007, as stated in its EU accession treaty. The transition will occur once the country meets all the euro convergence criteria; it currently meets three of the five criteria, the exception being its membership for at least two years of the EU's official exchange rate mechanism (ERM II), which it has not yet joined despite the Bulgarian lev having been pegged to the euro since its introduction in 1999. In 2011 Bulgaria's Minister of Finance Simeon Djankov stated
Center for the Study of Democracy (Bulgaria) Center for the Study of Democracy (Bulgaria) This article is about the Center for the Study of Democracy in Bulgaria For the other institution by the same name, in the United States, see the Center for the Study of Democracy at St. Mary's College of Maryland, USA. Founded in late 1989, the Center for the Study of Democracy (CSD) is an interdisciplinary public policy institute dedicated to the values of democracy and market economics, based in Bulgaria. The CSD is a non-partisan, independent organization fostering the reform process in Bulgaria through impact on policy and civil society, and is one