“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 Sunday, the lowest temperatures will range from 12°C to 17°C, around 12°C in Sofia . It will be sunny and hot during the day. Cumulus clouds will develop in the afternoon hours mainly over the mountains, with a chance of isolated showers in some..
''The reports by the European Commission and the European Central Bank justify all the concerns and reservations expressed by President Rumen Radev when he proposed a referendum on the euro'', Vice President Iliana Iotova said at the Iliеva..
The Bulgarian National Radio Symphony Orchestra undertook effective protest action, as shown in videos of their June 6 concert at Bulgaria Hall, which were posted on social media. The BNR Symphony Orchestra refused to perform Sergei Rachmaninoff’s..
The balances in all bank accounts in Bulgarian levs will be automatically converted to euros from the date of the country's accession to the eurozone at..
At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the..
In the first quarter of 2025, GDP grew by 3.1% compared to the first quarter of 2024 and by 0.6% compared to the fourth quarter of..
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