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
What Is This? What Is This? What Is This (known prior to 1980 as Anthym) was a rock band that originated in Fairfax High School in California and would play numerous shows along the coast of California. It was formed by guitarist Hillel Slovak, drummer Jack Irons, vocalist Alain Johannes, and bassist Todd Strassman. Originally named Chain Reaction, the band would later change its name to Anthem, then later to Anthym (as there was already a band using the former moniker), and then finally to What Is This, which was a tongue-in-cheek reference to the reaction they usually received from first-time listeners. During