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Bulgaria Joins Euro Waiting Room

10 July 2020 21:12

July 10 (BTA) - The European Central Bank said on Friday that the Bulgarian lev has been included in the Exchange Rate Mechanism (ERM II) by mutual agreement between the finance ministers of the euro area Member States of the European Union, the President of the European Central Bank, and the finance ministers and central bank governors of Denmark and Bulgaria. The Commission has been involved and the Economic and Financial Committee has been consulted. The central rate of the Bulgarian lev is set at 1 euro = 1.95583 leva. The standard fluctuation band of plus or minus 15 percent will be observed around the central rate of the lev.

Headlines 11 July 2020

Prosecutor-General Accuses President Radev of Exerting Pressure on Prosecution S... 16:15

Sofia - July 10 (BTA) - "The prosecution service is subjected to an unprecedented political-partisan pressure by President Rumen Radev and the political ...
330 New Covid-19 Cases in Bulgaria 10:02

Sofia - July 10 (BTA) - A total of 330 Bulgarians have tested positive for coronavirus in the past 24 hours, according to the national Covid information por...
PM Sees Plot against Government, Bulgaria's Entry in Euro Waiting Room 09:47

Sofia - July 10 (BTA) - At an extraordinary news conference Friday morning held after an evening of protests in Sofia against the Prosecutor General and him...
Government Tightens Measures against COVID-19 13:57

Sofia - July 9 (BTA) - Bulgaria is reinstating some of the tighter measures against Covid-19 after a spike in new infections in recent days. The decision was ...
Four Arrested in Two Investigations, Offices of President's Administration Searc... 12:20

Sofia - July 9 (BTA) - Four persons were arrested Thursday, including a presidential secretary and a presidential advisor, and offices of the President'...
240 New Cases of COVID-19 Confirmed in Bulgaria in 24 Hours 09:10

Sofia - July 9 (BTA) - Two record large numbers were reported in Bulgaria in the 24 hours until Wednesday midnight: 240 new cases of COVID-19 were confirmed t...

More news

News + 11 July 2020

European Investment Bank to Support Project Preparation for Building Children's ... 13:06

Luxembourg - July 7 (BTA) - The European Investment Bank (EIB), funded by the European Investment Advisory Hub (EIAH), will provide support to the Black Sea munici...
National Economy: Latest Data 14:39

Sofia - July 6 (BTA) - The National Statistical Institute on Monday published wide-ranging data on the Bulgarian economy for the first few months of 2020. The...
Road Infrastructure Agency to Invest Nearly Lv 2 Mln in Archaeological Research ... 15:53

Sofia - July 2 (BTA) - Nearly 2 million leva will be invested in archeological excavations along the Hemus motorway, the Road Infrastructure Agency (RIA) said...