“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.
Specialists in Bulgarian studies from 32 countries across three continents are participating in a three-week seminar on Bulgarian language and culture, which began today at the University of Veliko Tarnovo. According to the BNR’s correspondent in..
Around 45% of the country's eligible young people voted in the European Parliament elections on 9 June . The data comes from the Youth Participation in Democratic Life project, in partnership with the Centre for Human Resources Development and the..
The National Revenue Agency and the Customs Agency have launched a joint campaign to prevent and combat gambling and drug addiction, the NRA has announced. The efforts of the two tax authorities to target young people in the joint initiative are..
Caretaker Prime Minister Dimitar Glavchev has established a task force to combat the wildfires in the country. Today, he visited the Stara Zagora..
The situation with the wildfires in the country remains critical. The fire near Stara Zagora has been contained. Firefighting teams are also monitoring..
The 12 km perimeter of the big fire north of the city of Stara Zagora has been cordoned off , the regional governor Metodi Markov said. There are..
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