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
Internet in Bulgaria Internet in Bulgaria The Internet in Bulgaria began to offer full TCP/IP services in 1992, although e-mail, network news, and some other Internet services were available earlier, during the period from 1989 to 1991. The .bg top-level domain name was organized in 1991. Internet speeds and connection reliability in the capital, Sofia, are consistently ranked among the fastest in the world by several independent studies. Local area network (LAN) is the most common type of Internet access in Bulgaria. Over 60% of the consumers use this type of access because of the high speeds and good service. The biggest Internet