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.
More and more branch organizations in agriculture are announcing their readiness to protest because of unpaid funds under the so-called Ukrainian aid intended to compensate for economic losses due to the war in Ukraine . The members of the Chamber of..
The Central Election Commission is receiving many more complaints than in previous elections from representatives of a parliamentary party with two chairpersons, the spokeswoman of the institution Rositsa Mateva told BNR. The two wings of the formation..
The Federation of Transport Workers at the Confederation of Labour "Podkrepa" is organizing a protest against the capital's mayor, Vasil Terziev, because of a non-observed cooperation agreement from February this year . The document states that this year..
In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker..
30 buildings across the country will be illuminated in green tonight to mark European Donation Day – the European Day for Organ, Tissue and Cell..
On Sunday the weather will be predominantly cloudy, with the clouds scattering temporarily over Western Bulgaria. There will be rain in many parts with..
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