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.
Bulgaria is actively working with Greece and Romania to secure EU funding for infrastructure projects to be used for both military and civilian purposes. This is what Bulgaria's Defence Minister Atanas Zapryanov explained to the MPs in Parliament..
Sofia Airport has not been affected by the global IT outage , which has hampered companies from all over the world, the press centre of Sofia Airport told BTA. There might be cancelled or delayed flights because of other affected airports or..
President Rumen Radev will hand the second mandate for the formation of a government on Monday, 22 July, over to the nominee for prime minister selected by the second biggest parliamentary group in the 50 th National Assembly We Continue the..
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