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.
Cloudy weather with rain and snow On Monday there will be considerable clouds over most of the country, with rain and snow in some parts of Bulgaria. There will be a light, in the Eastern part of the country to moderate Northerly wind...
The most widespread breach ascertained during the verification of the results from the latest election for parliament is connected with the registering of the valid and the invalid votes, Alexander Andreev, former chairman of the Central Election..
“A pair of storks, plus a solitary bird probably awaiting its partner, flew to the two nests next to the Holy Prophet Elijah church at dusk yesterday,” said Mayor Tatyana Georgieva. The village had only just put on their martenitsas , she joked,..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria,..
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the..
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