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Finance Minister Assen Vassilev

Assen Vassilev does not insist on being Deputy Premier after the cabinet rotation

''I have never been a Deputy Prime Minister in this cabinet and I have never insisted on being a Deputy Premier. I have always been and wanted to be the Minister of Finance’’, Assen Vassilev said for Nova TV with regard to the upcoming..

29.01.24 09:49 |
Assen Vassilev

Bulgaria's Finance Minister presents the parameters of Budget 2024

Bulgaria's Minister of Finance Assen Vassilev presented the draft of the state budget for 2024. It foresees a GDP growth of 3.2% and an average annual inflation of 4.8%, and according to estimates, it should fall to 3% at the end of 2024.  A minimum..

10.11.23 19:14 |

The transit tax on Russian gas will not raise the price for consumers

The Bulgarian Ministry of Finance has spread the assurance of Minister Asen Vassilev that gas for consumers in Serbia and Hungary will not become more expensive due to the tax introduced by Bulgaria on the transmission and transit of Russian natural gas..

18.10.23 09:10 |

Bulgaria ranks second in the EU among countries with the lowest debt

Bulgaria retains its second place in the EU among countries with the lowest debt, according to the latest official data from Eurostat from July 2023, Bulgaria's Ministry of Finance announced.  At the end of the first quarter of 2023, the general..

16.10.23 18:05 |

Budget 2023 is ready; Assen Vassilev promises 3% deficit

The draft budget for 2023 is ready, Minister of Finance Assen Vassilev said. The bill is due to be published for public consultation and to enter parliament in early July. Within the framework of the Sofia Economic Forum IV,..

27.06.23 14:42 |

National Statistical Institute: Average salary has gone up by 17.3% during the first quarter

During the first quarter of 2023, the average monthly salary in Bulgaria has gone up by 17.3% compared to the same period of last year, National Statistical Institute data indicate. The steepest rise is in transport, the mining industry, finance and..

12.05.23 13:51 |

Former finance minister says there were errors in draft budget, worth billions

Co-chairman of "We Continue the Change" party and former Minister of Finance, Assen Vassilev, said that there were two errors in the draft budget for 2023 presented by the caretaker government. In a video on his Facebook page,..

23.04.23 09:35 |

Bulgaria’s attempt to take a debt of 102 million euros has failed

On October 24, the Bulgarian state tried to take a new debt but failed because of unfavorable terms. Securities for over 102 million euros were issued. The investors requested a very high yield and the issue was canceled, Minister of..

25.10.22 15:13 |

Minister of Finance says opposition’s reasons for motion of no confidence are groundless

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..

21.06.22 15:34 |

Ministry of Finance forecasts accelerating inflation

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..

12.11.21 18:40 |
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