The main priorities of the caretaker cabinet in the financial policy will be Bulgaria's entry into the Eurozone and the stability of public finances, caretaker Deputy Premier and Minister of Finance Lyudmila Petkova said at a briefing. It also became clear that Georgi Dimov is the new director of the National Customs Agency, replacing Petya Bankova, who is currently under investigation. Rumen Spetsov will continue to head the National Revenue Agency.
Minister Petkova stated that according to a check based on data from the Bulgarian National Bank, the fiscal reserve stands at 6.7 billion BGN (EUR 3.4 billion) as of April 8. According to information presented earlier by former Finance Minister Assen Vassilev, the fiscal reserve stood at 9.9 billion BGN (EUR 5 billion) as of March 29.
Of the money in the fiscal reserve, 4 billion BGN / EUR 2 billion/ is the Silver Fund (The State Fund for Guaranteeing the Stability of the State Pension System), and 2 billion BGN /EUR 1 billion/ are revenues for future periods, including the expected proceeds from the second tranche of the Recovery and Resilience Plan, Minister Petkova said.
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
Wednesday's minimum temperatures will be 1–6°C , with Sofia at 1°C. Some lowland areas may have reduced visibility in the morning. It will be mostly sunny..
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