Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev has refuted claims made by GERB-SDS, which are also the reasons of the two opposition parties for a motion of no confidence against the cabinet. The Finance..
Inflation will accelerate to 4.5% by the end of the year, the Ministry of Finance forecasts in its updated autumn assessment of the Bulgarian economy. The average annual price rise will be 2.4%. The main factor for inflation is the significant rise..
There is a number of companies receiving large resources from the state, the Minister of Finance Assen Vassilev has told BNR. According to him, the funds were most probably used for corruption and the purchase of votes. In the previous year alone,..
Caretaker Minister of Finance Assen Vassilev and former Minister of Finance Kiril Ananiev started a dispute during the transfer of the position in the ministry. Vassilev said that the budget should have been updated , BGNES reported. "There..
Today, the Bulgarian Stock Exchange (BSE) and the Bulgarian Independent Energy Exchange (IBEX) present the Green Finance & Energy Center think tank for sustainable finance and energy, the BSE has reported. Specific goals and the..
Debt securities totaling 150 million euros are offered at an auction today, BNR reporter Marta Mladenova informed. The Ministry of Finance is offering 5-year zero-interest bonds. Since the beginning of 2021, the state has..
The Bulgarian government has accelerated spending in February compared to the previous month. This became clear from the report on the state of the treasury in January and the expectations of the Ministry of Finance for its development in February,..
So far, nearly 2,700 traders have requested working capital support through the National Revenue Agency, it was reported. Under this scheme, traders affected by anti-epidemic measures due to the spread of Covid-19 can receive 20 or 10% of their turnover..
At the end of March 2020, Bulgaria’s gross external debt stood at EUR 33,495 billion, or 51.5% of the country’s gross domestic product. The gross foreign debt decreased by 1.7% (EUR 576 million) as compared to the end of 2019. Bulgaria’s..
The National Assembly Committee on Budget and Finance adopted on first reading the proposal for introduction of 9% VAT on restaurants and books, including electronic books. The Bulgarian Ministry of Finance has warned that if value added..
