The European Commission and the European Central Bank gave Bulgaria the go-ahead on Wednesday to adopt the euro currency from ...

Djibouti has been navigating regional tensions well, with robust growth, moderate inflation, and recovering reserves. In response to global uncertainties and domestic debt challenges, the authorities ...

It might seem that today we are deeply devoted to the Mercantilist paradigm in monetary affairs: the notion of a floating fiat currency managed by a panel of bureaucrats, to address an ever ...

To regain control, Bulgaria implemented a Currency Board in 1997. The lev was pegged first to the Deutsche Mark, then to the euro. In 1999, a major denomination took place, ...

This was easily done because Bulgaria has been running a currency board that fixed the lev to the euro at 1.95583 since the start of the euro currency in 1999.

Bulgaria's national currency, the lev, ... Since then, the lev has been pegged to the euro at a fixed exchange rate of 1.95583 BGN to 1 EUR under a currency board system.

By Jan Strupczewski BRUSSELS (Reuters) -The European Commission and the European Central Bank gave Bulgaria the go-ahead on Wednesday to adopt the euro currency from the start of 2026, making ...

Sri Lanka has announced feed-in-tariffs for renewable energy for standardized power purchase agreements below 10 MegaWatts, ...

Auto, Kalpataru, Globe Civil Projects, Ellenbarrie Industrial Gases, Bharat Forge, KSB, Apollo Hospitals, Federal Bank, CG ...

Strategic decision positions Jaguar to diversify treasury holdings with a long-term digital store of value SAN FRANCISCO, CA ...

A state-owned gambling company apologized after telling players that they had won “erroneously high prizes.” It blamed the ...