“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.
Saturday will get off to a sunny start in Eastern and in some isolated regions of Western Bulgaria. Over the rest of the country there will be considerable clouds. There will be rain over Central Bulgaria and over the Western half of the country...
The National Assembly unanimously adopted a decision on the Republic of North Macedonia's progress in the EU accession process . In line with the 2022 European Consensus, the MPs expect Skopje to develop and present a targeted action plan for protecting..
The Energy and Water Regulatory Commission has approved a price of BGN 64.32/MWh (EUR 32.88) for natural gas in June, excluding taxes and levies. Bulgargaz will sell natural gas to final suppliers and persons licensed for the production and transmission..
The construction of the Vertical Gas Corridor is a symbol of European partnership, technology transfer and the creation of cooperatives..
Despite the measures taken, at the end of 2024, 21.8% of the positions in the Bulgarian army remained unfilled, a report on the state of defence and..
The need for a direct air connection Sofia - Dushanbe, the specific steps for its implementation, as well as the expansion of exports..
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly cloudy, chance of rain