Rumen Spetsov

Bulgaria Appoints New Director for Customs Agency in Government's First Decision

Marking the inaugural decision of Bulgaria's new caretaker government, the Customs Agency welcomes a new director, as announced by acting Finance Minister Lyudmila Petkova. Georgi Dimov, former executive director of the National Revenue Agency (NRA), steps into the role, succeeding Petya Bankova.

Bulgarian PM: Increase in Pensions, Social Payments are Guaranteed, No Troops to Ukraine

"Regarding the budget, what the finance minister told me is that some of the planned expenses will not be realized, not because someone will stop them, but because there is no readiness for them. However, we guarantee that there will be an increase in pensions, we also guarantee the social payments that were planned in the budget presented by the Cabinet".

Former Financial Minister Ananiev Has Broken Law, says Caretaker FM Vasilev

Kiril Ananiev violated the law by disclosing information that is a tax and confidential secret.The prosecution must address this. How did this information come out at a press conference of a political party? This tells me that the state is governed not by rules and laws, but by phone calls and pressure.

This was stated on tv by the caretaker Minister of Finance Asen Vassilev.

Caretaker Finance Minister Raises Alarm: There’s Too Little Money in Bulgaria’s State Treasury

We have a tad over BGN 8 billion in the state treasury, but 6 of them we cannot touch. We actually have a little over BGN 2 billion. We're implementing the budget as it was planned. There was a bit of a delay in collecting excise duty, but we caught up, said caretaker Finance Minister Assen Vassilev on BTV.

Caretaker Fin Minister: Government Has Written Off BGN 10 Billion in Non-collected Revenues

For the period 2017-2020, Bulgarian revenue agencies have written off tax liabilities of over BGN 10 billion. For previous periods the amount is similar. This became clear from the second press conference of the caretaker Minister of Finance Asen Vassilev.

 According to the Minister, about BGN 2-3 billion in uncollected taxes are written off every year.

Bulgaria: Caretaker Finance Minister Reveals Rationale behind Personnel Reshuffle in Revenue Agencies

Finance Minister Assen Vassilev Friday announced personnel changes in the revenue agencies and their priorities at a news briefing on Friday. The caretaker cabinet has replaced the heads of the National Revenue Agency (NRA) andthe National Customs Agency (NCA).