“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.
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on Thursday. Prime Minister: Bulgaria has a month to decide how to proceed after US sanctions on..
Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute..
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