“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.
The need for a direct air connection Sofia - Dushanbe, the specific steps for its implementation, as well as the expansion of exports from Bulgaria to Tajikistan were discussed by Deputy Prime Minister Atanas Zafirov at meetings in..
PP-DB coalition insists that the former SANS chairman Plamen Tonchev be heard due to suspicions of pressure on him, announced the co-chairman of “We Continue the Change” Kiril Petkov, BTA has reported. A year before his term expired,..
CITUB President Plamen Dimitrov announced readiness for protests in at least four or five areas of the public sector with demands for higher wages, BNR has reported. According to the trade union’s analysis, the average salary..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria..
The Ministry of Culture is expecting UNESCO to approve, by the end of 2025, the application of the Centre for Underwater Archaeology in Sozopol as a..
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