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
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the..
Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a..
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