A blog by a British expat living and working in Balchik,Bulgaria, but not exclusively about Bulgaria.A forum to discuss news both here and in the UK.Full of advice,assistance and property offers,particularly for Balchik and the Dobrich and Varna areas.Top for Balchik and Bulgaria News
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Thursday, 13 August 2009
Euro currency news
Just read that Bulgaria may well not enter the Euro till 2015.This is bad news as it appears the political will is not there to meet the currency criteria on time.Inclusion in the Eurozone is a pretty much copper-bottomed guarantee of economic stability and Bulgaria should be aiming for adoption in 2013.As it is the Lev is very over-valued against the Euro at the fixed rate of 1.955 and this affects the Tourist trade and exports.
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