Asen Vassilev

Bulgaria's Pension Increase: Christmas Bonuses Every Month in 2024

In response to a question regarding Christmas supplements for pensioners in December, Finance Minister Asen Vassilev revealed that pensions would be increased by approximately 11% in the coming year. This represents a shift from the traditional practice of providing Christmas supplements, with the government now prioritizing ongoing pension increases.

Bulgaria's Finance Minister Foresees Income Growth of 10-15% in 2024 Budget

Bulgaria's Finance Minister, Asen Vassilev, unveiled the government's growth-oriented approach to the 2024 budget. This forward-looking strategy focuses on making substantial investments in the social system, healthcare, and education, signaling an intent to fortify the nation's core infrastructure.

Bold Moves: Bulgaria Targets 5% Wage Hike in 2024 Budget Plan

The Bulgarian government has unveiled its ambitious plan for the 2024 budget: a minimum 5% real wage growth, matching the projected inflation rate. This bold move was the central theme of a recent high-level meeting, which saw Prime Minister Nikolai Denkov and Finance Minister Asen Vassilev engage with trade unions to chart a course for the country's fiscal future.

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".

Bulgaria's Finance Minister: The President Declared Himself a Defender of Gazprom against the National Interest - Shame!

"The national interest is the interest of the Republic of Bulgaria, not the Russian Federation or Gazprom". This is how Finance Minister Asen Vassilev commented on the president's request to the Constitutional Court, directed against the new taxes that the government introduced for the transfer of Russian natural gas.

North Macedonia Demands Compensation from Bulgaria if it has to Pay the "Russian Gas" Tax

If the extraordinary energy tax on the transfer and transit of Russian natural gas through Bulgarian territory is introduced for the Republic of North Macedonia, the country will request compensation from Bulgaria and additional support from the European Union.

This was announced by the Minister of Economy of North Macedonia, Kreshnik Bekteshi, quoted by BTA.

Bulgaria: “Lukoil” Promised to Pay 500 Million Leva in Taxes in order to Preserve the Derogation of Russian Oil

The "Lukoil - Neftohim" refinery in Burgas has promised Bulgarian Prime Minister Nikolai Denkov to pay over 500 million leva (250 million euros) in taxes, and in return the state will keep the derogation (exception) from the European ban on the import of Russian crude oil.

Bulgaria’s Finance Minister: There are enough Funds to cover the Damages from the Floods

The Chairman of the Committee on Internal Security and Public Order and the Chairman of the Committee on Budget and Finance held a meeting with the Minister of Finance Asen Vassilev and the Deputy Minister of the Interior Stoyan Temelakiev regarding the financial issues related to the activities of the departmental committee for disaster relief and accidents.

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