There is no reason to change the existing BGN/EUR exchange rate, the Bulgarian National Bank (BNB) stated. There have been no talks between representatives of the BNB and the Ministry of Finance on a possible change of the exchange rate, the Bulgarian National Bank added, noting that "such a change is impossible".
Earlier on Wednesday, there were media publications about the existence of a report that talks about such a change. "Such claims about changing the BNG/EUR exchange rate are incompetent and irresponsible," the BNB said. The Bulgarian lev has been pegged to the euro at a rate of 1.95583 leva=1 euro.
President Rumen Radev called for the processes of modernization of the navy to continue. On board the frigate Drazki in the Black Sea, the president, the Deputy Minister of Defence Radostin Iliev and the commander of the Bulgarian navy rear admiral..
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Greece’s Minister of Defence Nikos Dendias announced that Greece, Bulgaria and Romania are to establish a military mobility corridor in NATO’s Eastern..
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