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.
Clouds will break and decrease overnight, except in eastern Bulgaria. Light to moderate winds will blow from west-northwest. On Friday, 24 May, the weather will be mostly sunny before noon . Cumulus clouds will cover the skies over mountainous..
''My message to the President of the Republic of North Macedonia is that Bulgaria expects a prompt change of rhetoric and an end to hate speech", President Rumen Radev told journalists in Rome. "The Republic of North Macedonia must demonstrate that..
The association "Angels on the Road", uniting families who lost their loved ones in road traffic accidents, held a motorcade and a pedestrian march in Sofia under the slogan "STOP lawlessness on the roads". They were supported by a number of NGOs...
Twenty-six people have been detained in a police operation in Hristo Botev residential district in Sofia. The operation is against vote buying for the..
On Thursday , the lowest temperatures in the country will be between 11 and 14°C; in Sofia about 12°C. During the day, there will be..
On May 23, we celebrate World Turtle Day, the most endangered group of vertebrates on earth. Only two out of a total of 58 species of land..
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