“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.
The Central Election Commission is receiving many more complaints than in previous elections from representatives of a parliamentary party with two chairpersons, the spokeswoman of the institution Rositsa Mateva told BNR. The two wings of the formation..
The Federation of Transport Workers at the Confederation of Labour "Podkrepa" is organizing a protest against the capital's mayor, Vasil Terziev, because of a non-observed cooperation agreement from February this year . The document states that this year..
Another group of Bulgarian citizens has returned home early this morning from Lebanon. This happened with the assistance of the Foreign Ministry, the Bulgarian Embassy in Beirut and our Canadian partners, the Foreign Ministry said. With the help..
In December this year the Ministry of Finance will have covered the last of the criteria for accession to the Eurozone – inflation, said caretaker..
30 buildings across the country will be illuminated in green tonight to mark European Donation Day – the European Day for Organ, Tissue and Cell..
On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest..
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