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
Internet in Bulgaria Internet in Bulgaria The Internet in Bulgaria began to offer full TCP/IP services in 1992, although e-mail, network news, and some other Internet services were available earlier, during the period from 1989 to 1991. The .bg top-level domain name was organized in 1991. Internet speeds and connection reliability in the capital, Sofia, are consistently ranked among the fastest in the world by several independent studies. Local area network (LAN) is the most common type of Internet access in Bulgaria. Over 60% of the consumers use this type of access because of the high speeds and good service. The biggest Internet