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 Tuesday the lowest temperatures will range from 4°C to 9°C, for Sofia- around 4°C . Significant cloudiness is in the forecast for March 21. It will start raining in the western parts of the country in the afternoon hours. Daytime highs will reach..
An earthquake with a magnitude of 4.9 has been registered near the town of Targu Giu in Romania, seismologists from the National Institute of Geophysics, Geodesy and Geography of the Bulgarian Academy of Sciences said. The quake occurred at 16:02..
Astronomical spring begins today in Bulgaria at 23:24 local time. This is also the day of the spring equinox, reports the National Institute of Meteorology and Hydrology. On the occasion of the astronomical spring in Stara Zagora, a LED board in the..
A hitherto unknown painting by Jackson Pollock from 1949 has been discovered in Bulgaria during an operation by the Bulgarian and the Greek..
A vehicle with foreign license plates carrying illegal migrants from Afghanistan overturned near the Aldomirovo Swamp near Dragoman. One migrant has..
The last group of researchers from the 31st National Antarctic Expedition returned to Bulgaria on Sunday noon. They were welcomed at Sofia Airport by..