“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.
130 people are being removed from illegal nursing homes in Bulgaria's coastal city Varna . On the evening of Monday, June 9, the third action against illegal nursing homes was carried out, Social Borislav Gutsanov and Justice Minister Georgi..
Bulgarian President Rumen Radev is on an official visit to Uzbekistan. During the visit, the Bulgarian head of state and the President of Uzbekistan Shavkat Mirziyoyev will sign a joint statement on strengthening bilateral political dialogue and..
The International Olympic Committee (IOC) and the European Olympic Committee (EOC) will work and contact only with the new leadership of the Bulgarian Olympic Committee (BOC), elected at the General Assembly on March 19 . This was commented to the media..
The Ministry of Agriculture and Food and the Agricultur al Academy presented Bulgaria's innovation and scientific potential in agriculture during..
A cargo ship carrying agricultural fertilizers got stuck in shallow waters near the entrance channel of the port of Burgas while..
Young people in Bulgaria are ready to be part of the change, but they do not believe that they are given the opportunit y, indicate data of a..
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