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 National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..
41% of the member companies of the Bulgarian Industrial Association expect an economic decline in 2025. 21% believe there will be no change compared to 2024. 65% of the respondents anticipate a deterioration in their own business due to the..
The price of electricity for households could increase by nearly 9% starting next year, according to estimates by the Energy and Water Regulatory Commission. This means that with an average consumption of nearly 400 kilowatt-hours, the monthly bills..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of..
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