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
American University in Bulgaria Academic Center bears the name of physicist Minko Balkanski The center was dedicated to Professor Balkanski and his family in 2010. The America for Bulgaria Student Center is the jewel in the crown of AUBG's contemporary campus. The spacious, generously sunlit, multi-functional center was built in 2013 with the financial help of the America for Bulgaria Foundation and embodies AUBG's unparalleled energy and dynamics. It hosts state-of-the-art theatre, sports and dining halls, and the Student Services office. Here students will also find the Enrollment office, where the AUBG journey begins for future students. Admission advisors are available to assist students