The European Central Bank established the compulsory intervention rates for Bulgarian lev and Croatian kuna following their inclusion in ERM II. As of 13 July 2020 the lower rate for the Bulgarian lev is set at 1.66246 per 1 euro, the upper rate – at 2.24920, with the standard 15% margin around the central rate. Bulgaria joined ERM II with its existing currency board in place, with the lev pegged to the euro at a rate of 1.95583:1. The ECB evaluates the currency board exchange rate as adequate and sustainable without setting down any additional requirements.
On November 18 at 5:30 p.m., the collection "New Foreign Bulgarian Studies" will be presented in the National Library "Sts. Cyril and Methodius" in Sofia. It was published within the framework of the National Scientific Program "Development and..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain, mainly in the north and west of the country, which will continue into the night towards Wednesday...
According to data from the National Seismological Center at the National Institute of Geophysics, Geodesy and Geography - BAS, at 16:48 an earthquake with a magnitude of 3.5 was recorded in the area of the town of Simitli, near Blagoevgrad. The..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
There are significantly fewer homeless people in Sofia in comparison to major European cities. This is shown by data released today from an international..
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