“According to the rules of the Eurozone waiting room, ERM II, there is a 15% margin in which a currency can move and be regarded as stable. We have been asked repeatedly whether the lev-euro exchange rate is fixed, or whether it will move within this margin,” said Vasil Todorov, secretary general of the Bulgarian Chamber of Commerce and Industry, BCCI, for Bloomberg TV Bulgaria.
The lev-euro exchange rate is fixed now, and no changes are expected. The margin is valid for countries where the currency is still moving. According to Vasil Todorova, Bulgaria’s entry into ERM II is a firm guarantee and a signal to investors but this in no way diminishes the state’s mission to attract serious investors.
Rain will continue to fall on and off in many places. It will be almost rainless along the Danube and in northeastern Bulgaria. Minimum temperatures will be between 5° and 10°C, in Sofia - 7°C, and maximum - between 11°C and 16°C, in Sofia - about 11°C...
Farmers across the country have declared their readiness for effective protests due to a lack of irrigation water, reported BNR’s correspondent Veselina Milanova. The Bulgarian Agrarian Chamber has sent a letter demanding an urgent meeting with..
The increase in vignette prices will take effect on May 1, while the new higher toll fees for heavy goods vehicles and buses will take effect on April 1 . Additionally, a second toll fee adjustment is scheduled for September 1. From May 1, the..
The 30th of March is the opening day of the summer season at Burgas Airport. The coastal airport will offer tourists more flights and new destinations -..
On Monday, the cloudiness will be mostly significant with short-term rain showers and light wind. The minimum temperatures will be between 6°C and 11°C,..
Around 835 trees will be planted through the #ForestInTheNeighborhood initiative of the Sofia Municipality . For this purpose, volunteers and donors will..
Overcast, rain