We should not blame the euro for our own fears and failures. If Bulgaria adopts the single currency, the system with which we measure our economic success or failure will be in euros instead of leva, banker and economist Levon Hampartsumyan said for the BNR. In his words, Bulgarians should not to be afraid of the euro. The currency conversion will be at the expense of the state, without fees and commissions.
''As regards the mortgage loans, there will be no rounding of figures. The currency conversion will most likely be automatic because re-signing such a large number of contracts would be an administrative nightmare", the banker pointed out. ''The National Bank will exchange leva for euros indefinitely. This money will not lose its value after the adoption of the euro", the banker assured and referred to Germany where people still keep around 30 billion Deutsche Marks in their homes.
Researchers from Bulgaria, Slovakia, Serbia and the Czech Republic are joining forces in the SeNaTa project – “Self-heating Magnetic Nanoconstructs for Theranostic Applications” – coordinated by the Institute of Catalysis at the Bulgarian Academy of..
A Bulgarian parliamentary delegation led by Raya Nazarian, Deputy Speaker of the National Assembly and Chair of the Bulgaria-Japan Friendship Group, is visiting Japan at the invitation of Fukushiro Nukaga, Speaker of the House of Representatives of the..
The Ministry of Defence has warned of large, low-flying aircraft over the country in the coming days , but has assured the public that there is no cause for concern. The international flight training exercise, European Spartan Exercise 2025 (ESE 25),..
Bulgaria is celebrating 117 years since it proclaimed independence from the Ottoman Empire today. On 22 September 1908, Prince Ferdinand I read..
Traffic on Tsarigradsko Shose Boulevard in Sofia is blocked by two separate protests, by residents of the Gorublyane and Druzhba 2 neighbourhoods...
It will be clear and mostly calm during the night. On Tuesday morning, there will be temporary increases in cloud cover and reduced visibility in some..
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