The National Revenue Agency is inspecting currency exchange offices due to increased interest in buying euros. Within just one week, the exchange of Bulgarian leva into euros increased by 43%, the agency’s director, Rumen Spetsov, announced in Parliament. Journalist Nataliya Ganchovska has also reported cases where the base rate at which euros are bought has been altered.
Over 300 exchange bureaus across Bulgaria have been ordered to undergo inspections to examine how transactions are conducted and whether all obligations under the Currency Act and the Anti-Money Laundering Act are being met. Spetsov noted that exchange bureaus are not required to request an ID card or verify the origin of the funds for amounts up to 10,000 leva.
Editor: Miglena Ivanova
Posted in English by E. Radkova
Belgium and the Netherlands will transfer seven Tripartite mine countermeasure vessels to Bulgaria free of charge, Naval News reported, citing the Belgian Ministry of Defence. The decision was approved by the Belgian government on September..
The Russian owner of the cargo ship linked to a supply of ammonium nitrate at the centre of the devastating explosion at the Port of Beirut in 2020 has been arrested in Bulgaria. Igor Grechushkin is wanted by Interpol, along with the ship's captain,..
Bulgaria's President Rumen Radev met with China’s Vice Minister of Commerce Ling Lee to discuss deepening economic partnership. The meeting was also attended by representatives of a Chinese business delegation visiting Sofia for the 18th session of..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
Partly Cloudy
Clear