“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.
The government will gradually evacuate Bulgarians from Lebanon. Preparation for the air evacuation of Bulgarian citizens wishing to leave Lebanon is underway. The decision was taken at a meeting convened by caretaker Premier Dimitar Glavchev with the..
Travelling to Israel and staying in the country should be avoided, except in case of emergency, the Bulgarian Ministry of Foreign Affairs said. All citizens arriving in or departing from Israel via Ben Gurion Airport are advised to approach..
There is no need for a mediator in relations between Bulgaria and North Macedonia, MEP Andrey Kovatchev told BNR on the occasion of Hungarian Prime Minister Viktor Orbán's proposal to mediate between Sofia and Skopje. Regarding the decoupling..
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from..
During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan..
The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 ,..
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