We should not blame the euro for our own fears and failures. If Bulgaria adopts the single currency, the system with which we measure our economic success or failure will be in euros instead of leva, banker and economist Levon Hampartsumyan said for the BNR. In his words, Bulgarians should not to be afraid of the euro. The currency conversion will be at the expense of the state, without fees and commissions.
''As regards the mortgage loans, there will be no rounding of figures. The currency conversion will most likely be automatic because re-signing such a large number of contracts would be an administrative nightmare", the banker pointed out. ''The National Bank will exchange leva for euros indefinitely. This money will not lose its value after the adoption of the euro", the banker assured and referred to Germany where people still keep around 30 billion Deutsche Marks in their homes.
The International Congress Centre in Burgas is to host over 40 Bulgarian and foreign winemakers for the 12th edition of the Wine and Spirits Fest Burgas. The event will take place over three days, from 19 to 21 July, and the award ceremony..
Kremlin spokesman Dmitry Peskov said Russia was ready to take all necessary measures to ensure its security. "Of course, the concentrated presence of NATO warships - we take into account Bulgaria and Romania, the coastal countries that are..
“There is no support for our approach, which is anti-corruption laws first, and only then discussions on a cabinet. That places us in a situation in which we are unable to fulfil the second government-forming mandate,” said Bozhidar Bozhanov from..
The efforts to contain the wildfires in the border municipality of Bolyarovo continue. The partial state of emergency continues to be in place in 7..
On Saturday sunshine is the forecast until noon. In the afternoon clouds will appear and by midnight it will rain briefly but intensely with thunder...
On the fifth day of the wildfires raging in the country, politicians started arriving in the border municipality of Bolyarovo, where 7 villages have..
sunshine, cloud, rain and thunder
Partly Cloudy
Partly cloudy, chance of rain