“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.
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes. There were three invalid ballots. The Grace of the Holy Spirit is in Unity, Purity of Faith and..
Former National Assembly speaker Rosen Zhelyazkov will probably receive tomorrow the first cabinet- forming mandate from President Rumen Radev, GERB-SDS MP Luben Dilov assumed in an interview for BNR. He added that he was referring to "statements" by..
The delegates of the fourth Patriarchal Electoral Church Council are already voting for new Bulgarian Patriarch. He will be elected with a two-thirds majority of their votes from among three candidates: Metropolitan Gregory of Vratsa, Metropolitan..
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The hacker "Emil Kyulev", who broke the database of state institutions, banks and legal entities, was caught The Sofia City Prosecutor's Office..
Tomorrow the weather in Bulgaria will be sunny, hot in the afternoon. Maximum temperatures will be mostly between 32°C and 37°C, in Sofia - around 32°C...
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