The European Central Bank established the compulsory intervention rates for Bulgarian lev and Croatian kuna following their inclusion in ERM II. As of 13 July 2020 the lower rate for the Bulgarian lev is set at 1.66246 per 1 euro, the upper rate – at 2.24920, with the standard 15% margin around the central rate. Bulgaria joined ERM II with its existing currency board in place, with the lev pegged to the euro at a rate of 1.95583:1. The ECB evaluates the currency board exchange rate as adequate and sustainable without setting down any additional requirements.
Bulgaria has sufficient reserves of gasoline, diesel and aviation fuel, Energy Minister Zhecho Stankov said in the National Assembly, BNR reporter Violeta Ashikova informed. According to Stankov, four companies will be affected by..
“The excuses of the ruling coalition that they are waiting for the promulgation of the amendments to the Act on the Administrative Regulation of Economic Activities Related to Oil and Petroleum Products they themselves voted, in order to protect..
Bulgaria was officially designated among the EU countries at risk of migratory pressure, BNR’s correspondent in Brussels Anguelina Piskova reports, citing the European Commission’s first European Annual Asylum and Migration Report. The document is..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
“The storm has mostly passed, but there are still risks”, Deputy Premier Tomislav Donchev told bTV regarding Lukoil . ''The first priority is to..
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