“According to the rules of the Eurozone waiting room, ERM II, there is a 15% margin in which a currency can move and be regarded as stable. We have been asked repeatedly whether the lev-euro exchange rate is fixed, or whether it will move within this margin,” said Vasil Todorov, secretary general of the Bulgarian Chamber of Commerce and Industry, BCCI, for Bloomberg TV Bulgaria.
The lev-euro exchange rate is fixed now, and no changes are expected. The margin is valid for countries where the currency is still moving. According to Vasil Todorova, Bulgaria’s entry into ERM II is a firm guarantee and a signal to investors but this in no way diminishes the state’s mission to attract serious investors.
The possibilities for anti-corruption training for Bulgarian prosecutors, investigators and financial intelligence officers was discussed at a working meeting between Chief Prosecutor Borislav Sarafov and US lawyers Dr. Kevin Carroll..
The political crisis can only be overcome by the return of principles to politics. Parties should clearly understand that their credibility is the key to their success, President Rumen Radev told journalists on the occasion of the upcoming elections...
Exactly 100 years ago, on the 12th of September 1924, St. Alexander Nevsky Cathedral was consecrated . The temple was built with public donations "in gratitude to the Russian people for the liberation of Bulgaria from the Ottoman yoke in 1878", on the..
Defence Minister Atanas Zapryanov has cancelled the air show at the Graf Ignatievo Air Base after an L-39 ZA military transport plane crashed, the..
The Supreme Administrative Court rejected the appeal of the coalition around Ahmed Dogan - "Democracy, Rights and Freedoms - DPS"..
At a Bulgarian-Chinese business forum in Sofia, President Rumen Radev pointed out the advantages of the business environment in..
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