Bulgaria’s Real Estate Market and the Euro: What to Expect After Adoption
The question of how Bulgaria’s adoption of the euro will influence the real estate market has sparked considerable interest among property owners
The caretaker government continues with the staff reshuffle in the revenue agencies - Georgi Kostov was removed today from the management of the Customs Agency.This was announced by the Minister of Finance Assen Vassilev at a briefing, as quoted by bTV.
"There is a report from OLAF about serious damage inflicted to the European budget. According this report, by almost all criteria, the Bulgarian Customs Agency does not meet the required standards. Colleagues in the customs took relevant measures, but despite that OLAF sent us a letter of warning concerning 55 million euros, which Bulgaria needs to restore to the EU budget.
Tonev has 20 years of experience in the customs services, including as a director at the regional and national level. In 2013, during the Oresharski caretaker cabinet tenure, he was the head of the customs agency.
Brussels has unofficially warned Bulgaria’s Finance Minister Temenuzhka Petkova that the country’s euro adoption process could be suspended, according to BGNES, citing Nova TV.
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
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