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.
The retirement age should not be changed – this is the position expressed by Social Minister Borislav Gutsanov talking to the Bulgarian National Television. He recalled that according to the law, it should reach 65 years by 2037. “This topic..
Sofia residents are protesting against the two largest trade unions today , the Bulgarian National Radio reported. Their demonstration will be held under the motto “No to the priority of low-skilled labor over knowledge”. “The event is a civil..
Strengthening bilateral economic cooperation between Bulgaria and Italy, participation in joint defense projects and achieving peace in Ukraine were the topics of the meeting between Bulgarian Prime Minister Rosen Zhelyazkov and Italian Prime Minister..
The retirement age should not be changed – this is the position expressed by Social Minister Borislav Gutsanov talking to the Bulgarian National..
Strengthening bilateral economic cooperation between Bulgaria and Italy, participation in joint defense projects and achieving peace in Ukraine were the..
Bulgarian virtual influencer Ahinora made her debut in the European Parliament, greeting MEPs. Ahinora is the first Bulgarian avatar, and now an..
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