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.
Clouds will break over the western half of the country overnigh t, becoming mostly clear, while rain will continue to fall over the east. Friday will be mostly sunny. There will be light winds, mainly from the north. Minimum temperatures will be between..
Prime Minister Dimitar Glavchev and Deputy Foreign Minister Ivan Kondov met at the Council of Ministers with relatives of the Bulgarian sailors on board the hijacked ship Galaxy Leader, where Glavchev assured that efforts to secure their release were..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with 152 votes in favour - of GERB-CDS, MRF, Vazrazhdane, "BSP for Bulgaria" and ITN. 35 PP-DB MPs..
MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by..
On Thursday , a cold atmospheric front will pass through the country. It will be rainy with thunders over the whole of Bulgaria. There..
Members of Parliament observed a minute of silence to honor the victims of the Armenian Genocide in the Ottoman Empire (1915-1916). April 24 was..
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