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
Malamir of Bulgaria Malamir of Bulgaria Malamir () was the ruler of Bulgaria 831–836. Malamir was a son of Omurtag and a grandson of Krum. His name may be of Slavic origin, which would make him the first Bulgar khan to possess a Slavic name; this has led to the speculation that his mother was a Slav, although that cannot be proven. Another theory is that it was an Iranian name, as there is an Iranian city named Malamir. Malamir became ruler of Bulgaria in 831 on the death of his father Omurtag, because his older brother Enravota (Voin) had forfeited his right