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 Friday, lows will be between 10 and 15 degrees Celsius , 13°C in Sofia. Maximum temperatures will be between 26 and 31°C, 28° in the capital. During the day it will be sunny in central and eastern Bulgaria. In the west, there will be clouds and after..
The European Commission has formally warned Bulgaria, Estonia and Ireland to properly implement EU laws against racism and xenophobia, reports BNR correspondent Angelina Piskova. In its letter of formal notice, the European Commission says the three..
There is a further delay in the delivery of the next two air ambulances to Bulgaria, the Italian manufacturer has said in a letter to the Ministry of Health. In the letter, the contractor, Leonardo S.p.A., set new deadlines for the arrival of the..
At present, there is no information indicating a threat to the security of Bulgarian citizens. However, enhanced security measures have been taken in..
On Thursday , the minimum temperatures will be between 5 and 10°C, in Sofia 6°C. The day's highs will be from 23°C to 28°C , in the capital it will..
A all-out war in the Middle East would be the worst case scenario, stated by the Caretaker Minister of Defense Atanas Zapryanov to journalists in the..
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