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.
Ten new electric locomotives "Smartron", which "BDZ - Passenger Services" is expecting under a contract with the company "Siemens Tron", will be named after prominent Bulgarian National Revival figures who contributed to the development of railway..
On Friday, it will rain again in many places . Cloudy skies will develop in the afternoon and the precipitation will be accompanied by thunderstorms. They will be more significant in quantity in the central and northern regions. There will be a..
Bulgaria is proposing the establishment of a multinational maritime coordination center to ensure safe shipping in the western Black Sea . The country is also offering to host this center, Premier Rosen Zhelyazkov said in Paris where he is attending..
Thursday will be mostly cloudy with rain and east-northeasterly winds , increasing in the Danube plain and the Upper Thracian lowlands. Minimum..
On the initiative of Bulgarian President Rumen Radev, Rheinmetall CEO Armin Papperger is visiting Bulgaria to look for cooperation projects with the..
"On behalf of the state, we declare war on the property mafia." This was announced at a press conference by Justice Minister Georgi Georgiev. He said that..
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