The parliamentary budget committee approved, at second reading, the bill on the introduction of the Euro in Bulgaria submitted by the Council of Ministers.
The bill envisages a period of dual display of prices so the public can get accustomed to the new currency. Their display in Leva and in Euro will start one month after the country joins the Eurozone and will remain in place for a period of one year.
Within the space of one month as of the date of the introduction of the Euro, the two currencies will be legal tender simultaneously, after which the Lev will be dropped, according to another text in the bill.
The Bulgarian National Bank will exchange banknotes and coins, from Leva to Euro, free of charge at the official exchange rate in unlimited quantities and without any time limit.
During the first six months after the introduction of the Euro, banknotes and coins can be exchanged, free of charge, at credit institutions as well. This will hold true of the offices of the national postal service Bulgarian Posts in settlements where there are no bank offices or branches.
EUR 479 million are the grants allocated to Bulgaria under the RePowerEU chapter which is part of the Recovery and Resilience Plan. By the end of last year, our country could have received 30% of this resource in advance. At a hearing of..
The BG-ALERT system has issued an evacuation warning for the residents of five villages in the municipality of Strumyani due to the large fire that broke out in the area of the Maleshevska Mountain near the border with North Macedonia. The fire..
The first meeting organized by There is Such a People party (ITN) to seek support for the formation of a government with the third mandate ended in failure. Talks were scheduled with six MPs who left the former Velichie Group and are close to the..
Two Swedish planes will replace the French aircraft in fighting the wildfire in the Maleshevska Mountain, reported BTA, citing the Directorate General..
A group of 14 children from the Taraclia district embarked on an exciting excursion to Bulgaria. They are to visit historical sites in Sofia, including..
President Rumen Radev called on the MPs to reconsider the decision to allocate funds for firefighting equipment to the Ministry of Interior. According..
+359 2 9336 661