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.
Through the years, Bulgaria has turned into a sought-after exporter of fish and fish products, as well as delicatessen caviar products. This was made clear during the visit by Deputy Minister of Agriculture and Food Deyan Stratev to a fish..
No rise in prices in the hotel industry is to be expected until the end of the year, and wherever a price rise is planned, it will not exceed 10%. However, hotel operators say they are not expecting any improvement in the business environment. This..
More and more minors have been applying to the General Labour Inspectorate for work permits for the summer vacation, BNR’s correspondent in Kyustendil Kiril Falin reports. Minors are most often hired in the hotel and restaurant industry and in..
"Our goal is to have a completed motorway linking Sofia and Kulata in 2030," Stoyan Nikolov, a member of the Management Board of the..
Bulgarian Minister of Agriculture and Food, Georgi Tahov, participates today in a meeting of the EU Agriculture and Fisheries Council,..
Evelin Banev-Brendo, declared an international wanted man, surrendered to the police this morning, the Ministry of the Interior..
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