Bulgaria: Caretaker Prime Minister Replaced Chairman of State Agency for National Security
The Chairman of the State Agency for National Security (DANS) Dimitar Georgiev was relieved of his post following a decision of the Council of Ministers.
Domestic security and counter-intelligence agency DANS has said it is looking into suspicions of money laundering possibly done by Bulgarian businesses.
The State Agency for National Security (DANS) receives more than 2000 reports of "suspicious operations" every year, a vast part of them regarding entities set up in preferential tax regime juristictions, Dnevnik.bg quotes the agency as saying in reponse to an inquiry.
The investigations conducted by the Financial Intelligence Directorate at DANS comprise Panama as well, the reply from the agency reads, several days after the Panama Papers affair which is said to contain dozens of names of Bulgarian entrepreneurs and other nationals, but - so far - no politicians.
Cryptocurrency has become a significant part of the financial world, but as it grows, so do the questions about Know Your Customer (KYC) requirements.
Macroeconomist Stoyan Panchev, an analyst from the Expert Club for Economics and Politics, warned that Bulgaria could face significant challenges if it rushes into joining the eurozone
Bulgarian Posts will carry out the exchange of levs into euros in 2,230 post office locations across the country
Bulgaria has fulfilled the final requirement for joining the eurozone by meeting the budget deficit criterion
On June 4, Bulgaria will find out whether the euro will officially replace the lev in January 2026
In the first quarter of 2025, the 20-BGN banknote has overtaken the 100-BGN note as the most frequently counterfeited denomination in Bulgaria,
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase