Bulgaria’s National Assembly adopted on second reading amendments to the Currency Act which amends the Law on the Bulgarian National Bank. The amendments are related to the requirement for entry in the so-called Eurozone Waiting Room (Exchange Rate Mechanism II). The Bulgarian National Bank notes that the latest change ensures compliance of the national normative framework with the European framework, which is a mandatory requirement for accession to the ERMII. The Bulgarian MPs adopted a resolution that Bulgaria will enter the Eurozone only if the current exchange rate between the Bulgarian Lev and the Euro remains unchanged (1.95583 BGN per 1 Euro). The amendment also bans persons who owe money to the treasury to carry more than EUR 15,000 (BGN 30,000) or their equivalent in other currency through the border.
Navigation Maritime Bulgare (Navibulgar) has announced that the sulphur-laden Vezhen, released by the Swedish authorities, will stop in Denmark for repairs and then continue its voyage to South America - Uruguay and Argentina - with minor crew changes...
The government will request an extraordinary convergence report to assess Bulgaria's readiness to join the eurozone. This is what Prime Minister Rosen Zhelyazkov told journalists in Brussels, quoted by BTA. He confirmed that joining the eurozone..
The Vezhen, detained for damaging a fibre optic cable in the Baltic Sea, has been released. The investigation found no evidence of sabotage. This was announced by the Swedish prosecutor's office. A few days ago, the Bulgarian vessel Vezhen, flying..
Nuclear physicist Vasil Gurev fell into a deep ice crevasse during geophysical scientific research on the Contell Glacier in Antarctica, near the..
Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
+359 2 9336 661