“I just got an idea regarding the fact that the Lev is pegged to the euro: the Chinese Yuan is a good currency too. You might start thinking along those lines. And the market is enormous,” said Russian Prime Minister Dmitry Medvedev before his departure from Sofia.
His words came after the comment by Russian Economy Minister Maxim Oreshkin who said that the Bulgarian tourist products are more expensive than competitive products because of the currency board and the stable rate of the Bulgarian Lev.
On his part Prime Minister Boyko Borissov said that Bulgaria was proud of the stable Lev and the fact it is pegged to the Euro, and that we expected to be invited into the Eurozone waiting room in June.
The anniversary of the enthronement of Bulgarian Patriarch Daniil was celebrated at the Rila Monastery today. Hundreds of faithful, clergy, and officials gathered early at the holy site to honor the anniversary of his ascension to the patriarchal throne...
A segment of a global money laundering network operating through financial fraud has been dismantled, the Sofia District Prosecutor's Office and the General Directorate for Combating Organized Crime announced at a briefing. Two Bulgarians and..
The President of the Patent Office of the Republic of Bulgaria, Engineer Olya Dimitrova, said that Bulgaria has a rich heritage of crafts ranging from ceramics, textiles and woodcarving, through knife-making and leather crafting, to jewelry-making...
EU Commissioner for Home Affairs and Migration Magnus Brunner, together with Bulgarian Interior Minister Daniel Mitov and Greek Deputy Minister for..
One million vehicles have passed through the Greek Promachonas checkpoint on the border with Bulgaria (opposite Kulata) since the beginning of the year,..
Bulgaria’s Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov met with North Macedonia’s Deputy Prime Minister and Minister..
Partly Cloudy
Partly cloudy, chance of rain
Mostly Cloudy