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.
On Thursday, minimum temperatures will range from 15 to 22°C , in Sofia – 16°C. Heavy rain clouds will develop from the southwest to the east-northeast during the day, bringing short showers and thunderstorms. In the south, there will be intense rainfall..
One of the most prominent international journalists in Bulgaria, Konstantin Ivanov, passed away on July 28, 2018, at the age of 87 , announced the Union of Bulgarian Journalists on its website. “ Konstantin Ivanov had one of the brightest and..
Parliament has approved the introduction of enhanced price controls for a period of one year, starting on 8 August 2025. The measure was adopted at the second reading of the Law on the Adoption of the Euro in Bulgaria, BNR reporter Daniel Inkov..
''At least 870 people could benefit from the 'I Choose Bulgaria' initiative, which aims to attract them back to Bulgaria from abroad. Most of them will..
Public procurement tenders have been announced for the final 2.4 km of the railway line from Gyueshevo to North Macedonia, as well as for the..
More than 95% of the wildfires in the country are caused by negligence or intent, said Prime Minister Rosen Zhelyazkov after inspecting the measures..
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Partly cloudy, chance of rain