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.
During the night the clouds will increase. After a temporary improvement in visibility, there will be fog or low clouds in the lowlands and valleys. There will be a light wind from the East-Southeast. Minimum temperatures will range from minus 2° C...
Bulgaria’s consul to Sweden Stefan Stoykov has met with the eight Bulgarian sailors, members of the crew of the ship Vezhen suspected of sabotaging a Baltic Sea cable. Sweden seizes Bulgarian ship sailing under Maltese flag European..
There will be no reduction in social benefits, Minister of Labour and Social Policy Borislav Gutsanov told reporters. There is complete accord among the political forces in the ruling coalition that social benefits must be preserved and that..
Taxi drivers gathered at Sofia Airport in protest, blocking access to Terminal 2 for a short time on Friday afternoon. They are unhappy with the new..
On this day in 1905, 15 enthusiasts, university students, climbed the highest peak in Mount Vitosha near Sofia, in winter for the first time –..
On Saturday, fog or low clouds will cover the plains and sheltered valleys. Minimum temperatures will be between 0 and 5°C, around 1°C in Sofia. Sunny..
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