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.
The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was deferred, BNR’s Brussels correspondent Angelina Piskova reports. The report was removed from the..
The Energy Minister, Zhecho Stankov, announced at the opening of the International Nuclear Conference in Varna that the contract for the construction of Units 7 and 8 of the Kozloduy Nuclear Power Plant will be signed by the end of 2026, BTA reported...
It is time to go out to the Bulgarian people and hear what they want to say – the Bulgarian people say "yes" to the lev and "no" to the euro; they say they want to be asked, the chairman of the parliamentary group of "Vazrazhdane"..
As expected, the European Commission's convergence report on Bulgaria, published today, confirms that the country is ready to adopt the euro on 1 January..
The vote in the European Parliament’s Foreign Affairs Committee on the annual report regarding North Macedonia's progress towards EU membership was..
''Today, the European Commission and the European Central Bank categorically stated that Bulgaria meets the criteria for eurozone membership. This..
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