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
History of Bulgaria and owners with political agendas. Also see Human rights in Bulgaria. Polls carried out seven years after the country's accession to the EU found only 15% of Bulgarians felt they had personally benefited from the membership. General: History of Bulgaria The history of Bulgaria can be traced from the first settlements on the lands of modern Bulgaria to its formation as a nation-state and includes the history of the Bulgarian people and their origin. The earliest evidence of hominid occupation discovered on what is today Bulgaria date from at least 1.4 million years ago. Around 5000 BC, a sophisticated civilization