We should not blame the euro for our own fears and failures. If Bulgaria adopts the single currency, the system with which we measure our economic success or failure will be in euros instead of leva, banker and economist Levon Hampartsumyan said for the BNR. In his words, Bulgarians should not to be afraid of the euro. The currency conversion will be at the expense of the state, without fees and commissions.
''As regards the mortgage loans, there will be no rounding of figures. The currency conversion will most likely be automatic because re-signing such a large number of contracts would be an administrative nightmare", the banker pointed out. ''The National Bank will exchange leva for euros indefinitely. This money will not lose its value after the adoption of the euro", the banker assured and referred to Germany where people still keep around 30 billion Deutsche Marks in their homes.
On Thursday , the lowest temperatures will be between 16 and 21°C; in Sofia – about 18°C. During the day it will be sunny over most of the country. In the afternoon hours, there will be temporary increases in cloudiness over the..
European Central Bank President Christine Lagarde has welcomed the design of Bulgaria’s €1 coin in a Facebook post, the state news agency BTA reported. “Exciting news for Bulgaria and the euro area! Take a first look at the design of Bulgaria’s €1..
German fighter jets escorted a Ryanair Boeing 737 from Sofia to London on 11 August after a false emergency call claimed there was a Palestinian passenger on board planning to “do bad things,” the state news agency BTA reported. The aircraft,..
On Wednesday, minimum temperatures will range from 18 to 23°C , in Sofia – 18°. It will be a sunny and hot day, with a yellow heat warning in place..
The number of companies requesting licenses for weapons-related activities from the Commission for Export Control and Non-Proliferation..
Security services in Bulgaria are conducting searches and seizures at homes and offices in Sofia and other parts of the country. The operations are..
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