“According to the rules of the Eurozone waiting room, ERM II, there is a 15% margin in which a currency can move and be regarded as stable. We have been asked repeatedly whether the lev-euro exchange rate is fixed, or whether it will move within this margin,” said Vasil Todorov, secretary general of the Bulgarian Chamber of Commerce and Industry, BCCI, for Bloomberg TV Bulgaria.
The lev-euro exchange rate is fixed now, and no changes are expected. The margin is valid for countries where the currency is still moving. According to Vasil Todorova, Bulgaria’s entry into ERM II is a firm guarantee and a signal to investors but this in no way diminishes the state’s mission to attract serious investors.
On June 29, on the occasion of the National Road Safety Day, the State Agency for Road Safety is organising a festival from 11 am to 2 pm at the Knyaz Alexander I Battenberg Square in the capital in front of the Art Gallery. Its aim is to draw..
Before midnight, the clouds will decrease and the wind will die down for the night. Tomorrow, 29 June, will be sunny. In the afternoon, there will be some cumulus clouds over the eastern half of the country and in the highlands, but there will be almost..
Bulgaria has a crucial role to play in the connectivity of several regions. It lies at a crossroads between the Balkan Peninsula, the Eastern Mediterranean and the Black Sea. This was stated by Deputy Transport Minister Anna Natova at a meeting..
Ivan Ivanov, chairman of the Energy and Water Regulatory Commission, announced that a decision would be taken today on how to compensate green energy..
During the next 24 hours, cumulus clouds will develop again over the western half of the country. At night, there will be short-term..
At the European Council, Bulgaria will insist on including a text on the Republic of North Macedonia in the adoption of the conclusions of the meeting ,..
+359 2 9336 661