The MPs from Vazrazhdane party will request that Minister of Finance Temenuzhka Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone, announced the leader of the party, Kostadin Kostadinov.
"We have inside information from other finance ministers that the possibility of Bulgaria devaluing the lev has been discussed if it insists too much on joining the Eurozone. If this happens, it will be the biggest blow to people's incomes and savings since 1997, and this theft must not be allowed in any way. I will ask Temenizhka Petkova if this is true. Perhaps we will also seek some additional legal guarantees that the lev-euro exchange rate will not be tampered with", said Kostadin Kostadinov.
The Bulgarian lev is pegged to the Euro at a fixed rate of 1 euro = 1.95583 BGN.
Bulgaria’s Minister of Foreign Affairs Georg Georgiev held a phone conversation with Deputy Prime Minister and Minister of Foreign Affairs of the Hashemite Kingdom of Jordan Ayman al-Safadi. The two discussed the readiness of Bulgaria and Jordan..
Kenneth Merten is no longer the A mbassador of the United States of America to Bulgaria. Martin McDowell, a career member of the Senior Foreign Service, becomes the Chargé d’Affaires at the Embassy of the United States in Sofia, Bulgaria . Kenneth..
Bulgaria’s Ministry of Foreign affairs advised Bulgarian citizens to avoid travelling to the Democratic Republic of Congo, especially to the eastern parts of the country, including the city of Goma in North Kivu Province and the city of Bukavu in..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give..
Bulgaria’s Minister of Defense Atanas Zapryanov is leaving on a three-day visit to the United States, the Ministry of Defense said. Minister Zapryanov..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the..
+359 2 9336 661