Sofia, Jan 16 (IANS) Bulgaria will hold early parliamentary elections after the third and final attempt to form a new government within the current legislature failed on Friday. Bulgarian President Rumen Radev offered the parliamentary group “Alliance for Rights and Freedoms” (ARF) to form a government on Friday, but it declined the request for the third time this week. The two largest parliamentary groups, GERB-UDF and PP-DB, also declined to do so earlier this week, Xinhua News Agency reported…
Latest Bulgarian National Bank News & Updates
Sofia, Jan 1 (IANS) Bulgaria joined the eurozone and adopted the Euro as its official currency on New Year’s Day, becoming the 21st member of the Euro area. To ensure a smooth transition to the new currency, throughout January, the Bulgarian lev will remain in circulation alongside the Euro. Starting February 1, the Euro will become the country’s sole legal tender.From January 1 to June 30, the exchange of Lev for Euros is free of charge at banks and post offices. After this period, currency exc…