Bulgarian National Radio © 2021 All Rights Reserved

Bulgaria will enter the Eurozone with current BGN-EUR exchange rate: Finance Minister Goranov

Vladislav Goranov
Photo: BGNES

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. 

More from category

Bulgarian polar explorers have returned home

Today, with a flight from Paris, the participants in the 29th Bulgarian Antarctic Expedition to the Livingston Island returned to Bulgaria. This happened with almost a month delay after a crew member of the Chilean icebreaker Aquiles..

published on 4/19/21 7:27 PM

Mistake has allowed citizens to edit National Recovery Plan

A serious mistake with the National Recovery and Sustainability Plan, which was due to be presented in plenary hall last week, allowed dozens of Bulgarians to access the document's files and edit them. When uploading the..

published on 4/19/21 6:36 PM

Online fraud network with Bulgarian participation cracked

An international network with Bulgarian participation involved in online fraud was cracked after a long investigation by the Plovdiv Prosecutor's Office and the General Directorate Combating Organized Crime. Attempts to drain and..

published on 4/19/21 6:01 PM