Bulgaria’s National Assembly adopted at first reading amendments to the Corporate Income Tax Act. According to the amendments, the owners of old vehicles in Bulgaria will pay higher taxes after the introduction of a property and environmental component. The taxes for vehicles with Euro 1, 2 and 3 emissions standard will increase with 30% on average. Over 2 million cars will be affected by the higher tax. Taxes for cars with Euro 6 emissions standard will be 10% to 20% lower. The calculation of the car taxes will be based on a completely new formula with an accent on the environmental component. This is a moderate step and the tax of the old vehicles will increase with only 30% on average, the Chairperson of the National Assembly Budget and Finance Committee Menda Stoyanova commented.
Clouds will break over the western half of the country overnigh t, becoming mostly clear, while rain will continue to fall over the east. Friday will be mostly sunny. There will be light winds, mainly from the north. Minimum temperatures will be between..
Prime Minister Dimitar Glavchev and Deputy Foreign Minister Ivan Kondov met at the Council of Ministers with relatives of the Bulgarian sailors on board the hijacked ship Galaxy Leader, where Glavchev assured that efforts to secure their release were..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with 152 votes in favour - of GERB-CDS, MRF, Vazrazhdane, "BSP for Bulgaria" and ITN. 35 PP-DB MPs..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many..
Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
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