The European Central Bank established the compulsory intervention rates for Bulgarian lev and Croatian kuna following their inclusion in ERM II. As of 13 July 2020 the lower rate for the Bulgarian lev is set at 1.66246 per 1 euro, the upper rate – at 2.24920, with the standard 15% margin around the central rate. Bulgaria joined ERM II with its existing currency board in place, with the lev pegged to the euro at a rate of 1.95583:1. The ECB evaluates the currency board exchange rate as adequate and sustainable without setting down any additional requirements.
On Thursday morning the rain will stop. Minimum temperatures will be between 8 and 13°C, in Sofia - 9°C. During the day, before noon, the rain will resume - more intense in the north of the country, where there will be thunderstorms and conditions for..
The agreement between Bulgaria's political party "Vazrazhdane" (Revival) and "United Russia" has raised questions and reactions, reaching the plenary hall of the European Parliament today . In addition to the Greens Group in the EP, Valérie Hayer, Chair..
Polish President Andrzej Duda, on an official visit to Bulgaria, discussed with Bulgarian President Rumen Radev Warsaw’s proposal that NATO member states allocate 3% of their gross domestic product to defence spending . He described the target as..
The Ministry of Education and Science and the International Bank for Reconstruction and Development (IBRD), one of the five institutions of the World..
Roma families from Sofia's "Zaharna Fabrika" residential district, who were left homeless after their illegally built homes were demolished on April 15..
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking..
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