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.
During the night skies will be clear and tomorrow will be sunny, with cumulus clouds gathering in the afternoon over Eastern Bulgaria. There will be a light wind from the North-Northwest. Daytime temperatures will rise to reach a maximum of 29-34°..
Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their readiness for the profitable financing of Bulgaria’s energy industry, said Energy Minister Zhecho Stankov..
A protest in support of the chairman of the Bulgarian club in Bitola Ivan Mihaylov, which was closed, Ljupco Georgievski, who was sentenced to a suspended term of one year of imprisonment, with a 2-year probation period, took place in front of the..
Just a week after receiving the positive convergence reports on Bulgaria’s entry into the Eurozone, all major financial funds have stated their..
The 18 th edition of Sofia Pride is taking place in Sofia today under the motto: We are people, not propaganda, a reminder that behind every story,..
Galin Tomov created an impressive portrait of President Donald Trump especially for his birthday (June 14) on a carpet, using a traditional Bulgarian..
+359 2 9336 661