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
In its "Economic Freedom of the World, 2025" ranking , the Canadian Fraser Institute gives Bulgaria a score of 7.13 out of a maximum of 10 points. This places the country 56th out of 165. It ranks between Greece and Thailand. In 2024, Bulgaria was 52nd..
As of October 1, the base interest rate in Bulgaria is 1.81%. The rate has been declining for the 12th consecutive month, this time by 0.01% compared to September 2025. The base interest rate in Bulgaria, which is used to calculate the annual..
Bulgaria’s accession to the eurozone will reduce transaction costs with key trade and investment partners, according to the annual U.S. State Department report on the investment climate in the country, reported BGNES. The report emphasizes that..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil,..
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