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.
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..
Bulgaria’s President Rumen Radev met with the Prime Minister of North Macedonia Hristijan Mickoski during the forum in Blenheim Palace in the UK. Rumen Radev expressed the hope that Skopje will speed up the implementation of the bilateral friendship,..
“In the villages of Kraynevo, Voden and Sharkovo we are working on three fronts. Every 20 minutes there is a report of a new fire somewhere in the country,” caretaker Interior Minister Kalin Stoyanov said at a briefing in Mamarchevo village,..
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 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..
+359 2 9336 661