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.
June 4 marked three years since the arson attack against the Ivan Mihaylov Cultural Centre in Bitola, North Macedonia. It sparked a strong public reaction and raised the issue of human rights and interethnic relations in North Macedonia. On..
Two Bessarabian Bulgarians from Bolhrad District have died at the war front in Ukraine. Alexander Kara from the Bulgarian village of Petrovsk in the Tarutyne Municipality was born in 1990. He served as a machine gunner and died on May 25. Another..
"I have sent letters to all presidents and prime ministers of EU member states, in which I describe the real situation in our country — inflation, the state budget, the attitudes of Bulgarian citizens and the desire for a referendum. We are asking..
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
In the first quarter of 2025, GDP grew by 3.1% compared to the first quarter of 2024 and by 0.6% compared to the fourth quarter of..
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