There is no risk of Bulgaria running out of fuel, Finance Minister Assen Vassilev said in response to Lukoil's announcement that it was considering selling its operations in the country. "In view of the significant change in the operating..
There are no precedents for a presidential veto on the draft state budget. But if Parliament does not bring the Finance Minister to his senses, I do not rule out such a possibility, President Rumen Radev told journalists in Burgas. The head of state..
The government approved the draft budget of Bulgaria for 2024 and the updated budget forecast for the period 2024-2026. The draft law foresees a deficit of 3% and economic growth of 3.2% . Average annual inflation is expected to be 4.8 per cent and..
Finance Minister Assen Vassilev is proposing to limit cash payments to BGN 5,000 (just over EUR 2.5,000), instead of the current BGN 10,000 (just over EUR 5,000) , in order to combat the shadow economy. However, his idea was not supported in Parliament,..
BGN 933 (EUR 477.04) is the minimum wage in Bulgaria, said Minister of Finance Assen Vassilev at the meeting of the National Council for Tripartite Cooperation. According to him, Bulgaria is at the bottom of the Balkans in terms of the minimum wage ,..
The parliamentary groups of We Continue the Change/Democratic Bulgaria (PP/DB), GERB/SDS and the Movement for Rights and Freedoms (MRF) reached agreement on the parametres of the national budget for 2024, at a meeting attended by Finance Minister..
Russian propaganda in Bulgaria suggests that Bulgarians are second-class EU citizens . With our entry into Schengen, this will change, says Bulgarian Finance Minister Assen Vassilev in an interview with Die Welt . According to Vassilev, it is..
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..
“The North-South connection plays a key role for the sustainable infrastructure and connectivity in Southeastern Europe via the construction of a motorway linking Greece with Romania via Bulgaria. We are hoping the procedures will be concluded as..
"The most important thing is that we all vote, that we ensure peace on election day. And that we have confidence that every Bulgarian's vote will be counted correctly," said President Rumen Radev . Vice President Iliana Iotova stated that..
