After consultations with the political forces in parliament, Finance Minister Vladislav Goranov stated that until its entry into the Eurozone Bulgaria will not change the exchange rate of the Bulgarian Lev which is now pegged to the Euro at EUR 1 to BGN 1.95583.
Minister Goranov made this statement with regard to the fears that during the country’s time within the ERM II this fixed exchange rate could be altered. Bulgarian National Bank governor Dimitar Radev commented that, after his meetings with the individual parliamentary groups, he is optimistic that Bulgaria will enter the currency mechanism, and the Eurozone, with the exchange rate currently in place.
Hospitals in Sofia suspend planned admissions and non-emergency surgery as of 8 March Planned hospital admissions, non-emergency surgery and hospital visiting hours for hospitals in Sofia are being suspended as of Monday, 8 March, by order..
The Bulgarian Ministry of Foreign Affairs expressed surprise at the personal position by US Senators Bob Menendez and Jim Risch who state, in a joint statement that "persistent corruption, declining media freedom, politicization of the..
A national plan for the introduction of the euro in Bulgaria should be drawn up by 30 June, 2021, and the indicative date for membership of the currency union is 1 January, 2024. This is made clear by a draft decree by the Council of..
Niagara Falls was illuminated in the colors of the Bulgarian national flag on occasion of Bulgaria’s National Day- March 3. The initiative was organized..
The Bobov Dol coal-fired thermal power plant in southwestern Bulgaria is causing serious damage to the environment . This is written in the conclusions..
The President of the European Parliament, David Sassoli, has signed a decision of the Legal Affairs Committee, which brings before the Court of Justice..
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