“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, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest temperature will be 19-20°C, while in the eastern regions of the country the temperature will reach up to..
The Court of Justice of the EU has overturned part of European legislation requiring trucks for international transport to return every two months to the carrier's base. With its decision, the institution confirmed all other..
There is a potential danger of a wave of migrants, caretaker Prime Minister Dimitar Glavchev said at a briefing after the meeting of the Consultative Council on National Security , at which the risks to this country stemming from the..
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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