“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.
Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest will be between 32°C and 37°C; in Sofia – around 32°C. It will be also sunny in the mountains. In..
The honorary chairman of the Movement for Rights and Freedoms, Ahmed Dogan, has organised a meeting of some of the party members in his summer residence "Rosenets", bTV reported. The MPs and members of the movement who supported him,..
For the first time, the NATO Permanent Commission will not participate in the National Naval Exercise "Breeze - 2024" because of the different situation we are in, announced the Commander of the Naval Forces in Bulgaria, Rear Admiral..
Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest..
The new Bulgarian Patriarch, Daniil, has spoken out in favour of reconciliation within the Orthodox churches. "There is a broken communion between..
If a referendum was held on whether to continue the country's membership in NATO, 59% of Bulgarians would answer affirmatively,..
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