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 Embassy of Bulgaria in Japan is organising a workshop on Bulgarian embroidery on May 19. The deadline for registration for the event is May 16. This was announced by the Bulgarian diplomatic mission in Tokyo. The event is being organised by..
The gross domestic product grew by 1.7% in the first quarter of 2024 compared to the same period of the previous year, and the gross added value – by 2.2%, the National Statistical Institute has reported. Final consumption..
The confirmed applications submitted by Bulgarians for voting abroad are more than 38,000. The applications were submitted through the electronic system of the Central Election Commission. The deadline for Bulgarians abroad to..
Household electricity prices could go up by less than 30% as of 1 July, 2024, Energy Minister Vladimir Malinov announced at a briefing at the Ministry..
More than two years ago, Russia’s Gazprom Export suspended gas deliveries under the contract with Bulgaria’s Bulgargaz. Russia suspends natural..
The Constitutional Court has rejected the request by President Rumen Radev to rule that the termination of Lukoil’s concession of oil port Rosenets is..
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