Bulgaria and the euro government, notably economy minister Petar Dimitrov, have speculated about unilaterally introducing the euro, which was not well-met by the European Commission. The lev is not part of ERM-II, but since the launch of the euro in 1999, it has been pegged to the euro at a fixed rate of €1 = BGN 1.95583 through a strictly managed currency board. In all of the three latest annual assessment reports, Bulgaria managed to comply with four out of the five economic convergence criteria for euro adoption, only failing to comply with the criteria requiring the currency of the state to have been
Vinishte, Bulgaria Vinishte, Bulgaria Vinište is a small village in North Bulgaria, north of Montana, Bulgaria. The village is located in the foothills of the Balkan Mountains and has a population of 400 people. Near Vinište there is a formation of rocks called "Kamiko". The village name reflects the good conditions in the region for cultivating grapes and making wine (Bulgarian "vino", English "wine"). This region of Bulgaria became part of the Roman Empire in 26 BC. About AD 150, the Romans built a stronghold in the region called Montana, and the military division that first settled there was recruited in the