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.
On May 2 in Sofia, the international exhibition "Get out and vote" of the global creative studio for social impact Fine Acts, supported by the Office of the European Parliament in Bulgaria, will be opened in the park area of the..
The Council of Ministers reversed its decision last night for the construction of a private general hospital Mom and Me in Sofia, the government press service has announced. Earlier on Wednesday, caretaker Prime Minister Dimitar Glavchev ordered..
Over the next 24 hours, cloud cover will remain significant. There will be rain showers in more places in the afternoon in southwestern Bulgaria, where they will be accompanied by thunder and will be temporarily intense. The minimum..
For the first time Bulgaria has a specific deadline for joining the Organisation for Economic Co-operation and Development (OECD), caretaker Premier..
In May, natural gas will cost 54.70 Leva (EUR 27.93) per MWh, excluding the cost for access, transit, excise and VAT, the Energy and Water Regulatory..
The synoptic situation becomes more complicated next day . There will be short and at times heavy rain showers in the western part of Bulgaria during the..
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