Bulgaria’s National Assembly adopted on second reading amendments to the Currency Act which amends the Law on the Bulgarian National Bank. The amendments are related to the requirement for entry in the so-called Eurozone Waiting Room (Exchange Rate Mechanism II). The Bulgarian National Bank notes that the latest change ensures compliance of the national normative framework with the European framework, which is a mandatory requirement for accession to the ERMII. The Bulgarian MPs adopted a resolution that Bulgaria will enter the Eurozone only if the current exchange rate between the Bulgarian Lev and the Euro remains unchanged (1.95583 BGN per 1 Euro). The amendment also bans persons who owe money to the treasury to carry more than EUR 15,000 (BGN 30,000) or their equivalent in other currency through the border.
At a meeting in Berlin with Google’s Vice President for Government Affairs and Public Policy for Europe Annette Kroeber-Riel, Minister of E-Government Valentin Mundrov stated that Bulgaria’s partnership with the tech giant is of strategic importance in..
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional Court in relation to the refusal of former Parliament Speaker Natalia Kiselova to submit for..
The special commercial administrator of Lukoil Neftochim Burgas, Rumen Spetsov, has dismissed Evgeny Manyakhin as chairman of the company's board and revoked his authority to represent the company. The decision has been published in the Commercial..
The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching..
Bulgaria has officially become part of the European cultural route “The Wine Route” ( Iter Vitis ) . The certificate of membership was presented to..
Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western..
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