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 Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
The Bulgarian National Bank published a review of measures aimed to address the risks to the banking system, including those stemming from loans secured by residential real estate. ''Such concerns are well-founded given the situation in the real..
The international rating agency Standard & Poor's (S&P Global Ratings) has affirmed Bulgaria's 'BBB/A-2' long-term and short-term foreign and local currency sovereign credit ratings. The rating outlook remains positive. If a stable..
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