“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 fire, which was the reason for emergency situation to be declared in the municipalities of Harmanli and Topolovgrad on Wednesday, is now under control, the head of the Haskovo fire department, Mitko Chakalov, reported. The flames..
On August 7, Burgas Airport will welcome its one-millionth passenger for 2024. In 2023, the airport welcomed its millionth passenger on August 2. Statistics show that the day with the largest passenger traffic was July 26 when the airport served more..
It will be sunny on Wednesday. There will be moderate northerly wind. The lowest temperatures will range from 13°C to 20°C, for Sofia 13°C. Daytime highs will range from 29°C to 34°C, for the capital city 30°C. It will be sunny Over the Black..
Bulgarian head of state Rumen Radev has met in the presidency with David Wright - commissioner of the US Nuclear Regulation Commission, who is on a..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the..
Consumer confidence rose by 5.6 points in July, according to a survey by the National Institute of Statistics. According to consumers, the general..
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