Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria will not lift the currency board which pegs the Lev to the Euro

Photo: BGNES

Bulgaria will not lift the currency board which pegs the Bulgarian lev to the Euro, the governor of the Bulgarian National Bank Dimitar Radev said. This topic has never been discussed during the talks with the European financial institutions, Dimitar Radev underlined. Bulgaria will enter the Eurozone with the current exchange rate between the Lev and the Euro and the Bulgarian Lev will no longer be an official currency when we adopt the single European currency, Bulgaria’s Minister of Finance Vladislav Goranov pointed out. Prices will not soar when Bulgaria becomes a member of the Eurozone, this country’s Premier Boyko Borissov said at the 14th annual conference “Government Meets the Business” in Sofia. The Lev will be pegged to the Euro at the current rate when Bulgaria enters the Eurozone, Boyko Borissov said and added that this country is expected to enter the ERM II mechanism (Eurozone’s waiting room) in April this year.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Radoslava Nedyalkova from Milan is "Bulgarian Woman of the Year-2023"

Radoslava Nedyalkova from Milan was chosen as "Bulgarian Woman of the Year-2023" among the 24 nominated compatriots from 19 countries. The distinction in the name of St. Zlata Maglenska was awarded today at a solemn ceremony at UNWE..

published on 10/18/24 4:07 PM
Minister of Innovation and Growth  Rosen Karadimov

IT professionals authenticate machine voting devices for the election

A total of 259 reports of vote buying for the early parliamentary elections on October 27 have been submitted to the Ministry of Interior. 70 pre-trial proceedings have been initiated, 36 people have been detained, Minister of the..

published on 10/18/24 3:50 PM
Mira Koseva

Bulgarian sixth grader becomes champion in international English language competition

Sixth-grader Mira Koseva won the title of "Global Winner" at the Kangaroo Global Linguistics 2024. She placed first in level A1 and won the highest award for Bulgaria, the Ministry of Education and Culture announced. Mira studies..

published on 10/18/24 3:11 PM