We should not blame the euro for our own fears and failures. If Bulgaria adopts the single currency, the system with which we measure our economic success or failure will be in euros instead of leva, banker and economist Levon Hampartsumyan said for the BNR. In his words, Bulgarians should not to be afraid of the euro. The currency conversion will be at the expense of the state, without fees and commissions.
''As regards the mortgage loans, there will be no rounding of figures. The currency conversion will most likely be automatic because re-signing such a large number of contracts would be an administrative nightmare", the banker pointed out. ''The National Bank will exchange leva for euros indefinitely. This money will not lose its value after the adoption of the euro", the banker assured and referred to Germany where people still keep around 30 billion Deutsche Marks in their homes.
On April 23 and 24 from 10 a.m. to 4 p.m. the movement of all vehicles through the Petrohan Pass - Road II-81 will be limited because the removal of trees within the boundaries of the road. While the necessary activities are being carried out in the..
The leader of "Save Sofia" Boris Bonev announced at a briefing that the regional political party is withdrawing its trust from the mayor of the capital, Vasil Terziev. It is also leaving the coalition with "We Continue the Change" -..
The Serbian-Bulgarian series "Operation Saber" will be presented on April 23 in Sofia. The screening of the first episode is in the Odeon Cinema. Goran Stankovic and Vladimir Tagic, directors and screenwriters of the film, will be..
The political situation should give us the opportunity to start working with our compatriots outside the country, who have Bulgarian self-identity and..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
On April 23 and 24 from 10 a.m. to 4 p.m. the movement of all vehicles through the Petrohan Pass - Road II-81 will be limited because the removal of..
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