Massive Illegal Cigarette Factory Uncovered in Southern Bulgaria
Authorities have uncovered what is believed to be the largest illegal cigarette factory ever discovered in Bulgaria
File photo from Customs Agency
The Bulgarian customs authorities have managed to intercept over BGN 400 M worth of contraband fuels and cigarettes since the start of PM Plamen Oresharski's term.
Despite this figure however, the Bulgarian Customs Agency has gathered BGN 322 M less than the revenue envisioned in the national budget for 2013, Dariknews reports.
Experts argue that most of the intercepted contraband was through major specialized operations, while much of the smaller smuggling channels have managed to outwit the authorities.
The analysis of the Ministry of Finance is that the Customs Agency still has much more room for improvement. Discipline among its staff is still an issue, and structural changes can be expected in the future. Better cooperation between the National Revenue Agency and the Customs Agency is also recommended.
On the other hand, customs officials complain that the unstable political situation is affecting their work. Frequent changes in the agency's management and the regulations are pointed out as major problems.
The withdrawal of the Bulgarian lev from circulation is nearing completion, according to the latest data from the Bulgarian National Bank. The central bank reports that approximately 89 percent of lev banknotes and coins have already been collected and re
A recent study by the Association for Responsible Non-Banking Lending (AONK) shows that nearly a quarter of Bulgarians have used quick loans at least once in their lives. The findings were presented by the organization’s chairman, attorney Nikolay Tsvetko
Bulgaria has effectively completed its transition to the euro, with the bulk of the leva already withdrawn from circulation.
Bulgaria’s economy expanded by 3.0% in the fourth quarter of 2025 compared to the same period in 2024, according to preliminary figures from the National Statistical Institute. On a quarterly basis, seasonally adjusted data indicate a growth of 0.8% relat
Bulgaria has effectively completed the transition period for adopting the euro, though formal legal adoption remains pending
Bulgarian National Bank Governor Dimitar Radev took part in a meeting of EU Heads of Mission held under the European Presidency of the Republic of Cyprus
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began