The parliamentary budget committee approved, at second reading, the bill on the introduction of the Euro in Bulgaria submitted by the Council of Ministers.
The bill envisages a period of dual display of prices so the public can get accustomed to the new currency. Their display in Leva and in Euro will start one month after the country joins the Eurozone and will remain in place for a period of one year.
Within the space of one month as of the date of the introduction of the Euro, the two currencies will be legal tender simultaneously, after which the Lev will be dropped, according to another text in the bill.
The Bulgarian National Bank will exchange banknotes and coins, from Leva to Euro, free of charge at the official exchange rate in unlimited quantities and without any time limit.
During the first six months after the introduction of the Euro, banknotes and coins can be exchanged, free of charge, at credit institutions as well. This will hold true of the offices of the national postal service Bulgarian Posts in settlements where there are no bank offices or branches.
Yet another, already fifth attempt by MPs to elect a Parliamentary Speaker has failed. Four candidates were put to the vote - Natalia Kiselova from BSP-Unified Left, Petar Petrov from Vazrazhdane, Raya Nazaryan from GERB and Silvi Kirilov from ITN...
The traffic of trucks in the area of the Danube Bridge at the border with Romania is heavy. This situation is expected to continue over the weekend as the trucks that were waiting at the Kapitan Andreevo crossing at the Bulgarian-Turkish border for..
The truck traffic on the Maritsa highway to the Kapitan Andreevo border crossing at the Bulgarian-Turkish border is now normalized. "As of this morning, there are no more queues of trucks standing on the roadway waiting to cross the border," assured..
The Institute for Computer Science, Artificial Intelligence and Technology at Sofia University "St. Kliment Ohridski has made available for free use the..
Overnight it will be mostly clear. Winds will weaken and die down in many areas. In the morning it will be cold, with minimum temperatures between minus..
Rumen Radev's visit to Vietnam began with a meeting with the community of Vietnamese citizens who have studied and worked in Bulgaria - representatives..
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