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.
Next week, the Council of Ministers will approve Bulgaria's position on the request to renegotiate the parameters related to the functioning of coal-fired power plants, in accordance with the decision of the Bulgarian National Assembly...
On Monday minimum temperatures will range between 4°C and 9°C, for Sofia 6°C. It will be sunny and windy in the morning hours. A cold atmospheric front will reach the country in the afternoon. It will start raining from the west in the evening..
There is a risk of a major war if Russia and Ukraine do not come to the negotiating table, Vice President Iliana Iotova said after Vladimir Putin announced that Moscow will station tactical nuclear weapons in Belarus. "The situation is..
Next week, the Council of Ministers will approve Bulgaria's position on the request to renegotiate the parameters related to the functioning..
Respect for the rights of Bulgarians in the Western Outlands is an element of the criteria we are seeing during Serbia's EU membership..
Ukraine has called for an emergency meeting of the United Nations Security Council over Russia's announcement that it would station tactical nuclear..