“According to the rules of the Eurozone waiting room, ERM II, there is a 15% margin in which a currency can move and be regarded as stable. We have been asked repeatedly whether the lev-euro exchange rate is fixed, or whether it will move within this margin,” said Vasil Todorov, secretary general of the Bulgarian Chamber of Commerce and Industry, BCCI, for Bloomberg TV Bulgaria.
The lev-euro exchange rate is fixed now, and no changes are expected. The margin is valid for countries where the currency is still moving. According to Vasil Todorova, Bulgaria’s entry into ERM II is a firm guarantee and a signal to investors but this in no way diminishes the state’s mission to attract serious investors.
On Saturday, it will be sunny and even hotter. In the afternoon, clouds will form over the mountainous regions of Western Bulgaria, and by the evening, also in the northwestern areas. Isolated thunderstorms and rain showers are expected in some..
The flaws in the Constitution, admitted by the government of the GERB-SDS and PP-DB coalition with the support of the DPS in 2023, were not removed by the Constitutional Court. That is how President Rumen Radev commented on the fact that yesterday the..
The most affected country by fires for 2024-2025 in the European Union is Bulgaria, the Ministry of Environment and Water has reported. Over the past two years, this country has reported an alarming trend: 38,000 sq. m. have been affected by fires and..
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov,..
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll..
Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The..
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