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 first vote of no confidence in Rosen Zhelyazkov's cabinet was submitted to parliament on the initiative of the Vazrazhdane party, with the support of Velichie and MECH. "This vote is doomed by pure mathematics, but that does not mean that we..
Doctors and nurses from the country's 12 state-run psychiatric hospitals have staged a protest outside the Ministry of Health, demanding a higher pay rise than that included in the new budget. The protesters briefly blocked traffic on the boulevard in..
Fifty-seven per cent of Bulgarians are in favour of including religious education in the compulsory school curriculum , according to a survey by Trend. 26% are against the idea. Support is lower than average among the youngest and higher among the..
Thursday will be mostly cloudy with rain and east-northeasterly winds , increasing in the Danube plain and the Upper Thracian lowlands. Minimum..
Nearly 700 representatives of the global technology business and scientific elite are in Bulgaria to participate in one of the most..
The international business exhibition Architectural Building Week 2025 starts today at the Inter Expo Centre in Sofia and runs until 29 March. It is..
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