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.
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.
In recent weeks, Bulgaria has seen a noticeable uptick in demand for euro banknotes
The adoption of the euro in Bulgaria is not expected to cause fast loans to become more expensive
Although converting leva into euros may appear straightforward - just divide by the fixed rate of 1.95583 - reality brings far more complexity
The Bulgarian National Bank will stay the course with its conservative and stability-oriented monetary policy even after the country enters the eurozone
The demand for euros in Bulgaria has surged by about 50%
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