Finance
News on banks, loans, the state budget, financial institutions, tax policy, and capital markets.
Expert Analysis: Explosive Growth of Financial Fraud with Banknotes in Bulgaria
The Bulgarian National Bank has raised an alarm about an unprecedented increase in counterfeit money, with 50 and 100 leva banknotes being the most affected. Financial specialists are warning about a growing threat of monetary fraud.
Barclays receives a multi-million dollar fine for shortcomings in financial risk management
The British bank Barclays has been sanctioned with 42 million pounds by the financial regulator due to inadequate control over client accounts and potential money laundering risks.
Bulgaria Attracts Record Investments with European Perspectives
Deputy Minister Doncho Barbalov reported a significant increase in foreign direct investments in Bulgaria during the first four months of 2025, emphasizing the country's strategic economic priorities.
Bulgaria is among the leading countries in the management of European structural funds
Deputy Minister of Innovation and Growth Martin Danovski stated that Bulgaria is among the top three countries in the management of financial instruments, part of the European Structural Funds. Our country has the necessary infrastructure for innovative development and focuses on technology transfer.
Bulgaria ready to adopt the euro from 2026, according to reports from the EC and ECB
The European Commission and the European Central Bank published convergence reports, in which they found that Bulgaria meets all the criteria for membership in the eurozone. The country is expected to introduce the single European currency from January 1, 2026, after approval by the key EU institutions.
New regulation regulates fiscal devices and e-commerce in Bulgaria
The government has promulgated an updated ordinance that introduces changes related to the transition to the euro and the expansion of the functionalities of fiscal devices used in commercial establishments for the sale of liquid fuels.
The EU cross-border program allocates 5 million euros for the modernization of SMEs in Bulgaria and North Macedonia.
The Ministry of Regional Development and Public Works manages a new Interreg VI-A IPA Bulgaria - North Macedonia 2021-2027 program, which will provide up to 300,000 euros in grant assistance for each approved enterprise wishing to invest in modernization, innovation, and internationalization.
The Minister of Finance and the Managing Director of the IMF discussed Bulgaria's accession to the Eurozone.
The Minister of Finance Temelina Petkova and the Managing Director of the International Monetary Fund Kristalina Georgieva held a meeting, during which they discussed Bulgaria's future accession to the Eurozone. The two expressed support for this strategic goal of the country and the need for an information campaign to familiarize citizens with the upcoming changes.
Bulgaria Calls for Balance Between EU Integration and National Interests in Financial Markets
Finance Minister Temenuzhka Petkova took part in the EU Economic and Financial Affairs Council meeting, where she defended Bulgaria’s positions on VAT, securitization, and the future of European defense. The EU approved the country’s fiscal plan through 2028, highlighting the stability of Bulgaria’s public finances