Pavel Tonev has been appointed Director of the National Customs Agency, Bulgaria’s caretaker Minister of Finance Assen Vassilev announced at a press-conference. The head of the National Revenue Agency Galya Dimitrova was released due to weak revenue collection. Rumen Spetsov has been appointed Executive Director of the National Revenue Agency. His task is to increase revenues with a focus on large taxpayers, explained Minister Vassilev.
Assen Vassilev mentioned that by the end of 2021, Bulgaria may have to issue a new debt to the tune of up to EUR 1.8 billion euros. In his words, more details will be announced in several days, BGNES reported
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits grew by EUR 1.35 billion or by 1.8%. The rise is mainly due to increased household deposits, the..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits..
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