The National Revenue Agency is inspecting currency exchange offices due to increased interest in buying euros. Within just one week, the exchange of Bulgarian leva into euros increased by 43%, the agency’s director, Rumen Spetsov, announced in Parliament. Journalist Nataliya Ganchovska has also reported cases where the base rate at which euros are bought has been altered.
Over 300 exchange bureaus across Bulgaria have been ordered to undergo inspections to examine how transactions are conducted and whether all obligations under the Currency Act and the Anti-Money Laundering Act are being met. Spetsov noted that exchange bureaus are not required to request an ID card or verify the origin of the funds for amounts up to 10,000 leva.
Editor: Miglena Ivanova
Posted in English by E. Radkova
Bulgarian MEP from the Europe of Sovereign Nations group Petar Volgin, known for his pro-Kremlin position, condemns Russian interference in Eastern Europe . This is stated in the text of a draft resolution submitted by him and two other party members to..
Prime Minister Rosen Zhelyazkov is leading a government delegation that is on an official visit to the Republic of Montenegro today and tomorrow. "Bulgaria is a firm supporter of Montenegro's European perspective. Podgorica meets all the..
Bulgaria's Vice President Iliana Yotova opened the school year at the oldest school established by Bulgarians abroad - the Theoretical Lyceum "St. Cyril and Methodius" in Stár Bišnov (Dudeştii Vechi) in Romania. Vice President Iotova will open..
From today until September 12, NATO and Bulgaria will hold one of the world’s largest and most complex emergency management exercises — BULGARIA 2025,..
NATO Deputy Secretary General Radmila Šekerinska arrives in Bulgaria today for a two-day visit, according to a NATO press statement. The Deputy..
On Monday, September 8, Bulgaria's Vice President Iliana Iotova will visit Stár Bišnov (Dudeştii Vechi), Romania , at the invitation of the Union of Banat..
Partly Cloudy