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.
Tonight, at precisely 3:00 a.m., we will move the arrows of the clocks forward one hour again to switch to Daylight Savings Time . The practice dates back to the 1970s and applies to countries that generally change the time, as Russia, Turkey, China..
The Bulgarian Orthodox Church celebrates the feast of the Annunciation with solemn festive liturgies in churches across Bulgaria . The bright holiday is a commemoration of the joyful biblical event in which the angel Gabriel announced to the Virgin Mary..
On Saturday minimum temperatures for Bulgaria 2-7° C., for Sofia 3° C. Before noon there will be sun, but after midday clouds will begin to gather from the West and there will be rain which will spread to Central Bulgaria. Daytime temperatures will..
The state is to finance 80% (without VAT) of irrigation water for farming producers as a measure against expensive food, public service TV BNT..
Customs officers found EUR 1.5 million in undeclared cash at Kapitan Andreevo border checkpoint yesterday in a car with an 18-month old baby inside,..
7 political formations will most likely enter the new parliament , shows a study conducted by Mediana on the attitudes of the voters as of March 23...