“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 political situation should give us the opportunity to start working with our compatriots outside the country, who have Bulgarian self-identity and citizenship, so that the Bulgarian spirit and memory can be preserved, National Assembly Speaker..
President Rumen Radev will today meet with President of the Democratic Republic of East Timor Jose Ramos-Horta, who is on a working visit to our country. The two will discuss opportunities for cooperation between Bulgaria and the youngest Asian..
Tuesday will be mostly sunny. Over Western and Central Bulgaria cumulus and cumulonimbus clouds will develop and it may rain in places. Minimum temperatures will be between 5° and 10°C, around 7°C in Sofia, and maximum temperatures between 21°C and..
Citizens will tonight show their solidarity with the Roma families from the Zaharna Fabrika neighbourhood in Sofia who were left homeless after their..
On his last Easter, Pope Francis appeared before the faithful wearing an omophorion that he received as a gift during his visit to Bulgaria in 2019...
“Today, united by the power of our faith in the redemptive sacrifice of Jesus Christ, we celebrate together again and are inspired by His Resurrection...
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Partly cloudy, chance of rain