The main priorities of the caretaker cabinet in the financial policy will be Bulgaria's entry into the Eurozone and the stability of public finances, caretaker Deputy Premier and Minister of Finance Lyudmila Petkova said at a briefing. It also became clear that Georgi Dimov is the new director of the National Customs Agency, replacing Petya Bankova, who is currently under investigation. Rumen Spetsov will continue to head the National Revenue Agency.
Minister Petkova stated that according to a check based on data from the Bulgarian National Bank, the fiscal reserve stands at 6.7 billion BGN (EUR 3.4 billion) as of April 8. According to information presented earlier by former Finance Minister Assen Vassilev, the fiscal reserve stood at 9.9 billion BGN (EUR 5 billion) as of March 29.
Of the money in the fiscal reserve, 4 billion BGN / EUR 2 billion/ is the Silver Fund (The State Fund for Guaranteeing the Stability of the State Pension System), and 2 billion BGN /EUR 1 billion/ are revenues for future periods, including the expected proceeds from the second tranche of the Recovery and Resilience Plan, Minister Petkova said.
At a Sofia City Council (SCC) briefing, municipal officials who recently left the We Continue the Change (PP) party declared they would not be complicit in covering up the truth. The mayors of the capital’s Lyulin and Mladost districts, Georgi..
The leader of Vazrazhdane party, Kostadin Kostadinov, said in parliament that the state budget was in the red and the expected profits from the Schengen membership were gone. According to Kostadinov, the additional revenues should..
Taking responsibility is a step towards restoring trust in the coalition. This is how PP-DB MP Ivaylo Mirchev commented on Kiril Petkov's resignation and defined it as a reasonable and responsible act, BGNES reported. At the..
Another protest against the adoption of the euro took place in Sofia and other cities in Bulgaria on June 28. The protest in the capital Sofia..
Bulgaria’s Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov met with North Macedonia’s Deputy Prime Minister and Minister..
EU Commissioner for Home Affairs and Migration Magnus Brunner, together with Bulgarian Interior Minister Daniel Mitov and Greek Deputy Minister for..
+359 2 9336 661