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.
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and hail in many parts. There will be sun over Southeastern Bulgaria and along the Black Sea coast...
“For us this election has to be the last for the coming years. No more compromises with the people, with society or with the political system should be made,” said GERB leader Boyko Borissov addressing the party’s youth organization in Plovdiv...
Bulgaria ranks 10 th in Europe, and 25 th in the world in wine production, Sophie Pallas, director of the International Organisation of Vine and Wine (OIV) said in Burgas. She was among the official guests to the 20 th edition of Wine and..
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..
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