ABZ Actively Participates in Public Information Events on the Euro

The Association of Bulgarian Insurers (ABZ) is actively taking part in the national information campaign on Bulgaria’s upcoming accession to the euro area. ABZ representatives joined public outreach events in Vratsa (16 September), Smolyan (24 September), and Haskovo (30 September), organised by the Ministry of Finance and the Bulgarian National Bank. The aim of these events is to raise awareness among citizens and businesses about the key aspects of the euro changeover.

The discussions featured Nikolay Stanchev, Chair of the ABZ Management Board, Nina Kolchakova, ABZ Secretary General, and Rositza Wartonick, Policy Advisor. They emphasised the full readiness of the insurance sector for the transition – both in terms of systems and processes, and in providing clear and accurate information to consumers. Key practical points were explained, including dual price display, which monetary amounts are subject to automatic conversion, the rules for insurance-related payments, and how to identify and avoid misleading practices.

ABZ will continue its active involvement in upcoming campaign events across the country, with a firm commitment to supporting a smooth, transparent, and secure transition to the euro. The sector remains a reliable partner to institutions and a strong advocate for the rights and interests of insurance consumers.

 

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