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.
Democracy is consistently perceived by a solid majority in Bulgarian society as the best form of governance. Approximately 1.5 million citizens declare their willingness to risk their personal security to protect it, according to a representative study..
The Confederation of Labor "Podkrepa" does not support the government's proposed state budget for 2026 , the union announced. As reasons, the second most important trade union in the country points out "the lack of policies and reforms to address..
The phantom ship VIVA 962 has changed at least 10 names and many owners before it surprisingly appeared near Cape Emine on November 1. The crew consists of a captain and a mechanic with Ukrainian passports from Kharkov, reports the "24 Chasa" portal...
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities..
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