Bulgaria and the euro government, notably economy minister Petar Dimitrov, have speculated about unilaterally introducing the euro, which was not well-met by the European Commission. The lev is not part of ERM-II, but since the launch of the euro in 1999, it has been pegged to the euro at a fixed rate of €1 = BGN 1.95583 through a strictly managed currency board. In all of the three latest annual assessment reports, Bulgaria managed to comply with four out of the five economic convergence criteria for euro adoption, only failing to comply with the criteria requiring the currency of the state to have been
Bulgaria in the Eurovision Song Contest the first semi-final and qualified for the final by placed 7th with 177 points Bulgaria reached the final for the fourth time,finishing 14th with 166 points. On 10 September 2018, it was announced that Bulgaria had submitted a preliminary application to compete in the Eurovision Song Contest 2019, but on 15 October 2018, BNT announced that they will not take part in the contest in Tel Aviv, Israel due to financial difficulties. As of , Bulgaria's voting history is as follows: Bulgaria in the Eurovision Song Contest Bulgaria has participated in the Eurovision Song Contest 12 times since making its