“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.
A lot of entertainment for International Children's Day - June 1, will be offered to the young residents of Sofia and its guests by the "Children's Fair", which will be held in front of the Ivan Vazov National Theater and the City Garden from 11:00 to..
In the morning hours on Sunday, short-term fog will form in isolated places in the plains and valleys . During the day, it will be mostly sunny. Around and after noon, cumulus and cumulus-rainy cloudiness will develop, and in places in the southeastern..
Future generations must know that there were periods when human rights and dignity were worthless. This was emphasized at the annual pilgrimage in memory of the victims of the totalitarian communist regime in the Belene concentration camp by the..
Protests in defence of the Bulgarian lev and against the adoption of the euro currency are scheduled to take place on May 31 in many cities and towns..
Thousands of citizens have gathered in the center of Sofia to protest against the introduction of the euro . The demonstration is supported by political..
Bulgarian President Rumen Radev , who attended the National Assembly of Sheep Breeders at the Peter and Paul Monastery near Lyaskovets, greeted the..
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