Ministry of Finance

The Bulgarian Parliament has recently adopted a decision to accelerate the process of adopting the euro. Under this new directive, the Ministry of Finance is tasked with requesting Bulgaria's Eurozone membership to commence on July 1, 2025, provided the country meets the inflation criteria by the end of this year.

With an increased majority, the ruling party ND (New Democracy) and PASOK-KINAL voted for the Ministry of Finance and National Economy’s bill “Ratification of the 18.7.2024 Merger and Investment Agreement between the Hellenic Financial Stability Fund and the limited liability company THRIVEST HOLDING LTD” for the merger of Attica Bank with Pancreta Bank in the plenary session.

Bulgarian MPs have called for the accelerated adoption of the euro, but the finance minister explained that this was not feasible. The Committee on Budget and Finance voted on a decision urging the caretaker government to expedite the practical preparations for the euro's adoption in Bulgaria. This draft decision was submitted by Boyko Borissov and several representatives from GERB.

SYRIZA-PS president Stefanos Kasselakis continues his recent criticism in light of developments at Attica Bank.

The Ministry of Finance shows, as a rule, a certain self-restraint. It knows it is walking a tightrope. Such was the case in April, long before the European Parliament elections, when Finance Minister Kostis Hatzidakis rushed (as if he was afraid of something) to prevent future pressures on fiscal stability.

In an announcement, the management of the Organization calls the strike “surprising” and notes that “it was decided a few hours before the inauguration of the OASTH Electric Bus Charging Station, an important and significant project for the Organization and Thessaloniki as a whole.”The union announced the strike because the Ministry of Finance

Ministries are gearing up to draft the 2025 Budget, which must align with the “tight” fiscal direction imposed by the new Stability Pact rules in Europe. Despite these constraints, the budget will provide an additional €880 million in social benefits compared to 2024, aimed at supporting vulnerable groups and small and medium-sized households.

Two Bulgarian women have emerged as contenders in the upcoming French parliamentary elections, representing the far-right "National Rally" party, as reported by BGNES.

Slavka Mihailova and Ivanka Dimitrova have advanced to the second round of voting scheduled for July 7.

Bulgarian President Rumen Radev has handed the first exploratory mandate to form a government to Rosen Zhelyazkov, the nominee for Prime Minister from the largest parliamentary group, GERB. In accepting the mandate, President Radev emphasized the significant responsibility given the fragmented parliament and low voter turnout, which could impact institutional legitimacy.

The Ministry of Finance is considering incentives for consistent taxpayers, as revealed by Deputy Minister Christos Dimos in Parliament.