“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.
Various events are held across the country hours before we welcome the Resurrection of Christ. In Sofia, the "It's Up to Us" Foundation invites children to a "Big Easter Egg Dyeing" from 11:00 to 15:00 at Canyon Park in Mladost 3..
Today, on Holy Saturday, which is the last day of Holy Week preceding Easter, Christians commemorate the burial of Jesus Christ and his descent into hell to break its chains and reopen the gates of heaven for people. The Divine..
For the first time, a unique collection of Western European textile panels (tapestries) is on display at the National Gallery – Square 500. The exhibits were added to the collection in the 1960s by the Bulgarian National Bank as part of the..
Exactly at midnight, the Patriarch of the Bulgarian Orthodox Church Daniil announced the Resurrection of Christ and greeted the Bulgarians with “Christ is..
“Today, united by the power of our faith in the redemptive sacrifice of Jesus Christ, we celebrate together again and are inspired by His Resurrection...
Monday will be mostly sunny . In some places in the lowlands and valleys in the morning hours there will be short-term fog. Mainly in the Rila-Rhodope..
sunshine, cloud, rain and thunder
Partly Cloudy
Clear
Partly cloudy, chance of rain
Mostly Cloudy