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
Boris I of Bulgaria with what is now known as Old Church Slavonic, which in Bulgaria is called and known as Old Bulgarian, as an official language of the Church and the state. He is regarded as a saint in the Orthodox Church, as the Prince and baptizer of Bulgaria, and as Equal-to-the-Apostles, with his feast day observed on May 2. The name Boris is of Bulgar Turkic origin. After his official act of conversion to Christianity, Boris adopted the Christian name Michael. He is sometimes called Boris-Michael in historical research. The only direct evidence of Boris's title are his seals and the inscription