“I just got an idea regarding the fact that the Lev is pegged to the euro: the Chinese Yuan is a good currency too. You might start thinking along those lines. And the market is enormous,” said Russian Prime Minister Dmitry Medvedev before his departure from Sofia.
His words came after the comment by Russian Economy Minister Maxim Oreshkin who said that the Bulgarian tourist products are more expensive than competitive products because of the currency board and the stable rate of the Bulgarian Lev.
On his part Prime Minister Boyko Borissov said that Bulgaria was proud of the stable Lev and the fact it is pegged to the Euro, and that we expected to be invited into the Eurozone waiting room in June.
Bulgarian MPs are meeting today for the seventh time in an attempt to elect a speaker of the 51st National Assembly after the first six failed to produce a result. This is how the first session of the new parliament, which began on November 11, continues..
The Real Estate Business Forum "Standards of the Future in Our Living Environment" will bring together experts in Sofia today. The focus of the discussions will be on the real estate market in the Bulgarian capital and the region. An analysis of..
Overnight it will be clear. The wind will die down in most areas. After midnight along the Danube River, in lowlands and near rivers fogs will form and visibility will be reduced with low clouds. Minimum temperatures will be between minus 3°C and 2°C,..
The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%,..
At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian President Rumen Radev pointed out that Bulgaria..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
Partly Cloudy
Mostly Cloudy
Cloudy