The Bulgarian lev is undervalued, Bulgaria's Finance Minister Vladislav Goranov said, referring to econometric models for evaluating the exchange rates used by the IMF. Once again, Goranov has denied fears that the savings of Bulgarian citizens will melt after joining the eurozone and confirmed that the country will enter the eurozone with the same lev-euro exchange rate as it currently has. President Rumen Radev met with Bulgarian National Bank Governor Dimitar Radev and they discussed the country's accession to the ERM II, which is a mandatory step in joining the euro area. Radev called for strict implementation of parliamentary guarantees of financial stability, full and constant citizens' awareness and transparency in the work of responsible institutions.
On Saturday the lowest temperatures will range from 8°C to 13°C, for Sofia 10°C. There will be fog in the valleys in the morning. It will be sunny during the day. Clouds will form over the mountains in the afternoon hours with a chance of..
"I hope that the politicians in North Macedonia have understood that the election campaign is over and if their destructive rhetoric and behaviour turns into real actions, it means pushing their country towards isolation and away from the EU, which is..
The National Assembly will hold an extraordinary sitting at 1 pm on May 21, the Parliament’s presiding body decided. MPs will hear caretaker Premier Dimitar Glavchev regarding the upcoming increase in pensions from July 1. The request for the..
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..
On Friday minimum temperatures in the country will range from 6° to 11° C., for Sofia 8° C. In the morning there will be fog in the Western part of..
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Cloudy
Partly cloudy, chance of rain