The indicative deadline for the introduction of the euro is January 2024 and five months before this date and a whole year after that, prices in stores would be written in both euros and levs. This will allow us to compare prices in the two currencies. The news has been reported by the Minister of Finance Assen Vassilev. He has presented the plan for the introduction of the single European currency, which has also been published for public discussion.
Vassilev said that there is no risk of an artificial rise in prices after the introduction of the euro in Bulgaria. According to him, the exchange rate of the lev to the euro will remain the same - BGN 1.95583 for 1 euro.
In order to enter into force, the plan must be approved by the National Assembly.In a statement to the media, party leader Delyan Peevski announced that he had sent a letter to the Alliance of Liberals and Democrats for Europe, in which he announced the decision of DPS-New Beginning to terminate its membership in ALDE. It was taken..
Animal protection organizations protested in front of the Sofia Municipality, demanding humane treatment in municipal shelters. Environmentalists point out that the dogs are suffering in the cold, crammed into shared cages where they end up eating..
The repair of the second hydro unit at the Chaira Pumped Storage Hydro Power Plant has been completed, reported BNT. Caretaker Minister of Energy Vladimir Malinov is expected to inspect the facility in the presence of caretaker Premier Dimitar..
Animal protection organizations protested in front of the Sofia Municipality, demanding humane treatment in municipal shelters. Environmentalists point..
Around mid-January, we are expected to fulfil the last criterion for the eurozone, which will allow us to submit the convergence reports..
The construction of a new Danube bridge near Ruse may begin in 2026, as European funding totalling 2.5 billion euros has been provided,..
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