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Municipal Councilor Dimitar Petrov from “WCC-DB” has outlined new measures ensuring transparency in how funds from paid parking in Sofia are used
Finance Minister, Simeon Djankov (center-left), and the Mayor of Silistra Dr. Yulian Naydenov, watch the map of the project to restore the First Bulgarian Patriarchate. Photo by BGNES
Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, has promised additional funding from Budget 2013 for municipalities with a stable fiscal state.
The news was announced by Djankov during his visit of the Danube city of Silistra, explaining that there will be a ban to use the said additional funding for salary increases or bonuses.
The financial state of all Bulgarian municipalities will be published by the end of June, according to the Minister.
He traveled to Silistra in the company of the Director of the National History Museum, NIM, Bozhidar Dimitrov.
While touring historical sites in the city, the Minister reiterated promises for additional funding for restoration of such sites across the country in order to boost Bulgaria's image as a cultural tourist destination.
Financial expert Max Baklayan has warned that the main risk in Bulgaria’s transition to the euro is not the exchange rate, but the increased likelihood of counterfeit currency
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Economist Dimitar Chobanov has warned that the current policies are pushing Bulgaria’s budget toward a structural deficit that is already becoming apparent
Bulgaria’s banking system will undergo a brief technical shutdown on New Year’s Eve
The demand for euro coin sets proved overwhelming, as post offices across Bulgaria reported that their stocks had rapidly depleted.
From December 1st, Bulgarians can purchase starter packages with the national side of the euro coins at banks and “Bulgarian Posts”
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