One month after the date is announced of the country’s entry into the Eurozone, shop prices will start to be displayed in both Leva and Euro, and this will continue for one year after the Euro is introduced in the country, the Council of Ministers..
There is no reason to change the existing BGN/EUR exchange rate, the Bulgarian National Bank (BNB) stated. There have been no talks between representatives of the BNB and the Ministry of Finance on a possible change of the exchange rate, the Bulgarian..
Bulgaria’s National Assembly tasked the government with speeding up the process of adopting the single European currency on January 1, 2024 and set the exchange rate at 1,95583 Leva for 1 Euro. The proposal was put forward by the largest..
When in the 1990s he arrived in Great Britain for a student summer job, he loved it so much that he made up his mind to go back and try his luck in Britain. Now, Atanas Chikov is one of the most active Bulgarians in the UK turning his..
“According to the rules of the Eurozone waiting room, ERM II, there is a 15% margin in which a currency can move and be regarded as stable . We have been asked repeatedly whether the lev-euro exchange rate is fixed, or whether it will move within..
In the past twenty years Bulgaria’s macroeconomic indicators and public finance have been subject to the so-called currency board which was introduced on July 1, 1997. A currency board is a monetary authority which is required to..
