Bulgaria will host the annual meetings between the International Monetary Fund and the World Bank next year.
Finance Minister Petar Chobanov presented the priorities of the Bulgarian government during meetings with IMF representatives in Washington.
Bulgarian municipalities are to receive EUR 630 M from the new Program for Development of Rural Areas, Deputy Agricultural Minister Yavor Gechev said.
Romania's Senate voted Tuesday to approve a draft law providing EUR 100 M of financial aid to the Republic of Moldova.
Bulgaria's lawmakers have conclusively adopted the amendments to the Consumer Credit Act which will come into effect three months after their promulgation in the State Gazette.
Municipalities in Bulgaria will be granted additional BGN 100M in 2015, Minister of Finance Petar Chobanov announced, Monday.
“The Bulgarians don't think what will they do, when they take a credit”, said Georgi Kadiev, Bulgarian Socialist Party MP.
Bulgaria's Finance Ministry has improved its 2014 GDP growth forecast.
Banks will have to change nearly 3 million loan agreement if Bulgarian lawmakers adopt backdated amendments to the Consumer Credit Act.
The fees that banks charge retailers for processing shoppers' payments would be capped under new rules voted by European Parliament on Thursday.
As of end-February Bulgaria's budget balance is negative, amounting to BGN 688.2M, according to the official data released by the Financial Ministry.
All bank charges except those for handling credits to be dropped is one of the proposed changes in the new Consumer Credit Act, Bulgaria's socialist MP Georgi Kadiev told NovaTV.
Bulgaria's state budget loses BGN 2B annually due to VAT fraud, according to data of the Economic Research Institute with the Bulgarian Academy of Sciences.
Grigor Dimitrov Climbs to Record High Position
Bulgaria's Unemployment Rate Remains Unchanged