Georgi Dimov

Schengen Membership to Boost Bulgarian Economy by 500 Million Leva Annually

The Bulgarian economy is expected to gain significantly from the country's admission to the Schengen area, with annual economic benefits estimated at 500 million leva. The Bulgarian Industrial Capital Association (BICA) expressed optimism that the removal of border controls will have an immediate impact, not only on transport companies but also on Bulgarian citizens.

Bulgaria Appoints New Director for Customs Agency in Government's First Decision

Marking the inaugural decision of Bulgaria's new caretaker government, the Customs Agency welcomes a new director, as announced by acting Finance Minister Lyudmila Petkova. Georgi Dimov, former executive director of the National Revenue Agency (NRA), steps into the role, succeeding Petya Bankova.