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.
The Sofia Court of Appeal has permanently remanded the former head of the National Customs Agency Petya Bankova and businessman Stefan Dimitrov in custody. The decision is not subject to appeal. National Customs Agency head Petya Bankova..
The Bulgarian Socialist Party will send the parliamentary report on the gas contract with the Turkish state-owned energy company Botas to the Anti-Corruption Commission, the Bulgarian and the European prosecutor's office, party leader Kornelia Ninova..
The leader of GERB Boyko Borissov said that he did not propose the deputy chairman of the party Daniel Mitov to become caretaker foreign minister. In his words, Mitov only coordinated with him whether to accept the post. "I do not want and have no..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
Bulgarian Caretaker Prime Minister Dimitar Glavchev has met with the Prime Minister of the Netherlands Mark Rutte , the press service of the Council of..
The Bulgarian Socialist Party will send the parliamentary report on the gas contract with the Turkish state-owned energy company Botas to the..
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