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.
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S. Embassy in Bulgaria. A statement from the Foreign Ministry said that during the meeting, Minister..
Next week, the Podkrepa Trade Union will begin a series of meetings with parliamentary groups in the National Assembly on the 2025 state budget, BTA reported. During the talks, the unions will offer their views on the increase in salaries in the budget..
Funds will be found for both procedures – “Hot Lunch” and “Home Care”, which are among the most sought-after measures to support the most vulnerable members of society. During the parliamentary control sitting earlier today, in response to a..
Foreign Minister Georg Georgiev today received at the Foreign Ministry Susan Falatko, who arrived in Sofia a few days ago as Charge d'Affaires of the U.S...
The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry..
The number of pensioners in January this year increased by 15,630 people, or 0.8%, compared to the first month of the previous year, the National Social..
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