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.
With the votes of GERB-SDS and PP-DB, the parliament rejected the request for a debate on the report of the temporary committee to investigate corruption practices in the "Customs" Agency and the possible role of the former finance..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many places were destroyed . The villages of Banya, Samuilovo, Zetiovo, Gita, Svoboda and Shivachevo..
13% of boys and 11% of 11-year-old girls in Bulgaria smoked at least one cigarette in the past 30 days of the survey, BGNES reported, referring to a UN report on the healthy behavior of school-age children. 17% of boys under 13 also..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with..
Bulgaria will assist Ukraine in the process of rebuilding its energy infrastructure. This was announced after a meeting between Bulgaria’s Energy..
On Thursday , a cold atmospheric front will pass through the country. It will be rainy with thunders over the whole of Bulgaria. There..
Partly cloudy, chance of rain
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Partly Cloudy
sunshine, cloud, rain and thunder