Careless Drivers will Pay More for Insurance in Bulgaria
The Financial Supervision Commission in Bulgaria has decided that from 2018 careless drivers will pay a higher fee for the mandatory vehicle insurance.
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Marinela Petrova has been appointed Deputy Finance Minister of Bulgaria, the government has said.
The move follows Parliament's decision to approve Karina Karaivanova as head of the Financial Supervision Commission.
Since 2010, Petrova has worked as head of the Economic and Financial Policy directorate at the Finance Ministry. Her experience at government positions related to economic programming and forecasts dates back to 1992.
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In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal
The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency
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