The Bulgarian National Bank (BNB) will stop announcing the base interest rate after the introduction of the euro as national currency. This is stated in the series of questions and answers with which the central bank explains the introduction of the common European currency.
Once the announcement of the base interest rate is discontinued, its role in calculating the legal interest rate will cease. The interest rates of the European Central Bank will apply.
The BNB recalls that from the date of the introduction of the euro in Bulgaria for a period of 1 month, the lev and the euro will be legal tender. Only cash payments will be possible in both currencies. All bank transfers and card payments will be in euros only. ATMs will also operate only with euro banknotes.
From the date of the introduction of the euro, financial institutions will convert all BGN accounts, interest-free, without fees or commissions.
Plovdiv will offer concerts, bazaars and an ice park for the Christmas and New Year holidays to its citizens and guests, the municipality has announced. Mayor Kostadin Dimitrov will light the Christmas tree in front of the Plovdiv Municipality..
On Thursday, minimum temperatures will range from 3° to 19°C, with eastern areas reaching 15–19°C and Sofia around 6°C. The day will be cloudy with widespread rain. Heavy rainfall is expected in western regions overnight and in central and southern..
“Solutions for achieving peace in Ukraine must be based on fundamental principles of the UN Charter, such as sovereignty, independence and territorial integrity.” This was stated by Bulgarian Foreign Minister Georg Georgiev at the informal video..
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