Bulgaria and the euro a stable ERM-II member for a minimum of two years. While Bulgaria has not formally joined the exchange rate mechanism, the ±15% floating band permitted within ERM II is less restrictive than Bulgaria's current strict peg of 1.95583 BGN to 1 EUR. The lev has been pegged to the euro since its launch, and prior to that was pegged on par to the German Mark. While the currency board which pegs Bulgaria to the euro has been seen as beneficial to the country fulfilling criteria so quickly, the ECB has pressured Bulgaria to drop it as it did not know
Reload Bulgaria with LIDER to run in the upcoming elections. In June 2014, Barekov declared his support for the restoration of the Bulgarian Monarchy and Simeon II as Tsar of Bulgaria. He vowed that should his party win a general election, he would introduce referenda on a number of issues, including the restoration of the monarchy. Despite holding 15 seats in the Assembly, Reload Bulgaria chose not to compete in the 2017 parliamentary elections after being initially refused a name change, among other reasons. Reload Bulgaria Reload Bulgaria (; formerly Bulgaria Uncensored, ) is a populist political party in Bulgaria. The party