The European Central Bank established the compulsory intervention rates for Bulgarian lev and Croatian kuna following their inclusion in ERM II. As of 13 July 2020 the lower rate for the Bulgarian lev is set at 1.66246 per 1 euro, the upper rate – at 2.24920, with the standard 15% margin around the central rate. Bulgaria joined ERM II with its existing currency board in place, with the lev pegged to the euro at a rate of 1.95583:1. The ECB evaluates the currency board exchange rate as adequate and sustainable without setting down any additional requirements.
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov, Director of the Border Police, announced. Around 9 p.m. on July 24, a border patrol..
Holidaymakers in Burgas can look forward to a celebration of wine and spirits at the end of the week . From 25 to 27 July, the International Congress Centre will host the thirteenth edition of the Wine and Spirits Fest Burgas, the largest wine event on..
The Sofia City Prosecutor's Office has announced that it is appealing against the Sofia City Court's refusal to terminate the registration of the Bulgarian Old Calendar Orthodox Church (BOCOC). The appeal states that the Law Amending and..
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll..
Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The..
The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112..
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