“I just got an idea regarding the fact that the Lev is pegged to the euro: the Chinese Yuan is a good currency too. You might start thinking along those lines. And the market is enormous,” said Russian Prime Minister Dmitry Medvedev before his departure from Sofia.
His words came after the comment by Russian Economy Minister Maxim Oreshkin who said that the Bulgarian tourist products are more expensive than competitive products because of the currency board and the stable rate of the Bulgarian Lev.
On his part Prime Minister Boyko Borissov said that Bulgaria was proud of the stable Lev and the fact it is pegged to the Euro, and that we expected to be invited into the Eurozone waiting room in June.
The 122nd anniversary of the Ilinden-Preobrazhenie Uprising will be marked today in the historical area of Petrova Niva in Strandzha. The celebration is being held under the auspices of President Rumen Radev, who will also participate in the event, the..
On Saturday minimum temperatures will range from 14°C to 22°C , around 17°C in Sofia. The day will be largely sunny, with some cumulus cloud building over the western half of the country during the afternoon. Moderate winds from the east-north-east will..
Prices must be displayed in the same font size for both currencies, with designations that are clear to the consumer. There is no requirement which currency is written first. This was stated by the Minister of Economy and Industry Petar Dilov after a..
A consortium of Azerbaijan's state company SOCAR and Turkish private holding Cengiz is the preferred candidate for the business of..
An organised criminal group trafficking drugs from Spain and the Netherlands to Turkey has been dismantled by the State Agency for National Security..
On Saturday minimum temperatures will range from 14°C to 22°C , around 17°C in Sofia. The day will be largely sunny, with some cumulus cloud building..
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