Ministry of Finance

Do we like tax evasion?

Kostis Hatzidakis had made the war against tax evasion a priority before taking over the Ministry of Finance. It wouldn't be easy: There are a myriad of "clients" of the political system who are affected. Furthermore, if a war begins against the tax evasion of those who are easy to target, you never know where it might end up.

Bulgaria Secures 2.3 Billion Euros in International Debt

Bulgaria has achieved a significant milestone in its fiscal management by successfully raising an external debt of 2.3 billion euros through two separate issues on international markets. This strategic financial move not only indicates Bulgaria's solid standing in the global financial landscape but also plays a pivotal role in covering old debts and managing the national deficit.

Bulgaria’s Finance Minister: We are Negotiating for Admission to the Eurozone Despite Inflation

"The government is in talks with the European Union to make an exception for admission to the Eurozone from 2025, even if the inflation criterion is not met". This was reported by the Minister of Finance Asen Vassilev to "Capital".

Nicosia bids for energy overhaul

Cyprus has submitted a revised Recovery and Resilience Plan to the European Commission, incorporating the REPowerEU chapter with an additional allocation of 104 million euros. The Ministry of Finance announced the update, highlighting the revised timeline of milestones aimed at addressing delays in the plan's implementation.

Serbia registers 37.6 bln dinar budget surplus in January-July

BELGRADE - Serbia registered a 37.6 bln dinar budget surplus between January and July, which is 123.6 bln dinars better than the planned 86 bln deficit, the Ministry of Finance said on Tuesday.

Revenues totalled 1,089 bln dinars, while expenditures amounted to 1,051.4 bln dinars.

A 23.1 bln dinar surplus was registered in July, the ministry said in a statement.