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.
File photo, BGNES
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.
Deputy Governor of the Bulgarian National Bank (BNB) Assoc. Prof. Petar Chobanov stated that Bulgaria’s forthcoming adoption of the euro will transform not only the country’s financial system but also its position within Europe
Bulgarian economist Viktor Papazov, a Harvard graduate and one of the founders of the Bulgarian Stock Exchange and the Central Depository, has delivered a stark warning about Bulgaria’s adoption of the euro
Bulgaria’s first budget in euros has sparked strong criticism from economists and opposition politicians, who describe it as the worst financial plan in more than twenty-five years
In the first nine months of 2025, commercial banks in Bulgaria reported a total profit of 2.8 billion leva (approximately 1.43 billion euros)
Over the past two decades, the economic growth in Bulgaria has been remarkable
For the first time, samples of Bulgaria’s new euro coins were presented on national television by the Chief Treasurer of the Bulgarian National Bank, Stefan Tsvetkov
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