Foreign Interest Surges in Bulgarian Property Market, Especially in Resorts
Real estate agents have reported a surge in property purchases by foreigners in Bulgaria's resorts and major cities like Sofia, Plovdiv, Varna, and Burgas
The new acting finance minister, Lyudmila Petkova, unveiled the budget for the upcoming elections, which amounts to BGN 100 million. Petkova, who was welcomed to the finance ministry by her colleague Asen Vassilev, emphasized that organizing the elections is a top priority for her, alongside Bulgaria's goals of entering the Eurozone, the OECD, and the Schengen area by land routes.
Having previously served as deputy finance minister responsible for revenues and the budget, Petkova accepted Dimitar Glavchev's proposal to take up the position of finance minister. She highlighted the importance of two main bills in the financial sphere: the law on the euro, currently open for public discussion, and the law on the establishment of a single revenue agency.
Petkova reassured that despite the merger of the National Revenue Agency (NRA) and customs into a single revenue agency, no job cuts are foreseen. She emphasized the commitment to finding alternative positions for employees affected by changes resulting from Bulgaria's entry into the Schengen area.
Meanwhile, former finance minister Asen Vassilev expressed confidence in Petkova's capabilities, announcing his departure from the ministry. He disclosed that the fiscal reserve currently holds nearly BGN 10 billion, sufficient for the department's normal operations. Vassilev also noted that revenues collected by the NRA exceeded expectations by 50%, although customs revenues were impacted by reduced operations at Lukoil.
Responding to inquiries about recent events at customs, Vassilev downplayed concerns, stating that public information does not portray the situation accurately. Petkova, who previously served as the director of customs, refrained from elaborating further due to an ongoing investigation.
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The Varna District Prosecutor's Office has filed requests to dissolve the Bulgarian National Movement "Shipka" and the Bulgarian Military Union "Vasil Levski" based on the Law on Legal Entities
The Bulgarian Ministry of Defense has announced that Minister Atanas Zapryanov engaged in a video conference with his Ukrainian counterpart, Minister Rustem Umerov
Todor Angelov, a Bulgarian candidate for the European Parliament (MEP), has reportedly visited the Ukrainian Zaporizhzhia region, which is currently under Russian occupation
In the latest sociological study conducted by the "Trend" agency and commissioned by "24 Chasa" media, insights into the potential outcome of Bulgaria's National Assembly elections have emerged
In about a month, Bulgaria will finalize its approach to organizing military training for civilians, as the deadline for creating the Strategic Defense Review ends in late June
GERB unveiled its management program, with party leader Boyko Borisov expressing readiness to negotiate with any party that acknowledges GERB's agenda after the June 9 elections
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU