Ministry of Finance

Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September, according to Finance Minister Asen Vassilev. Speaking at a conference focused on the currency union, Vassilev expressed confidence in Bulgaria's ability to fulfill the necessary criteria within the specified timeframe.

During his participation in the Eurogroup and ECOFIN meetings in Brussels on Monday and Tuesday, National Economy and Finance Minister Kostis Hatzidakis emphasized that economic development and social cohesion are complementary goals.

During his presence in Brussels, Hatzidakis spoke about actions of the Ministry of Finance that strengthen social policies and the actions of the Ministry of Labour that strengthen competitiveness

The Bulgarian Ministry of Finance has unveiled plans to consolidate the National Revenue Agency and the Customs Agency into a single entity, marking a significant step towards streamlining financial operations in the country.

The public consultation on the new draft law of the Ministry of Finance on the development and of seashores and beaches was completed on Thursday with the participation of hundreds of professional, sports and social organizations, municipalities, environmental organizations, movements and individual citizens.

The European Union member-states, including Greece, are returning to fiscal discipline after four years of the Stability Pact's suspension, due to the Covid-19 and energy crises. This is according to the agreement reached on Saturday between the European Council and the European Parliament on new EU fiscal rules.

The government's financial staff has reportedly decided to extend the deadline for the delivery and installation of point-of-sale (POS) terminals by one month. This decision was made due to problems in the market, both due to the high demand recorded and the inability of many companies to proceed with their installation.

The Cypriot Ministry of Finance is ready to meet all goals, and especially those set in the 2024 annual program, Minister Makis Keravnos stressed on Tuesday.

The tender for the Andreas Lentakis Government Park project will begin in the first quarter of the year, at the facilities of now-defunct Pyrkal plant in the Municipality of Dafni-Ymittos, southern Athens, where nine ministries are planned to relocate.

Cryptocurrency-based financial services company Nexo has filed a case against Bulgaria in an international arbitration court in the USA, according to investigative website "Bird.bg" This move comes after the Bulgarian prosecutor's office dropped its investigation into Nexo, citing insufficient evidence of a crime.