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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 12 July 2020

292 New Covid-19 Cases in Bulgaria 17:09

Sofia - July 11 (BTA) - A total of 292 Bulgarians have tested positive for coronavirus in the past 24 hours, according to the national Covid information por...
President Radev: Only Way Out from Current Situation is Resignation of Governmen... 16:32

Sofia - July 11 (BTA) - Addressing the nation on Saturday after clashes with police during a scheduled protest rally held next to a summer property on the S...
Police Prevent Protestors from Reaching Rossenets Beach for Scheduled Protest 12:57

Bourgas, on the Black Sea - July 11 (BTA) - Police Saturday prevented people from reaching by sea and land the Rossenets beach on the southern Black Sea coast to participate in a...
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...

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News + 12 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...