Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

President Rumen Radev calls for change to tax policy

Bulgaria’s President Rumen Radev
Photo: BGNES-archive

Investing in state-owned petrol stations under unclear conditions cannot guarantee profitability. This step shows that the state is not coping in the fight against fuel cartels and cannot provide an effective environment for free competition, Bulgaria’s President Rumen Radev commented during his visit to the town of Sadovo. On occasion of the proposals for lower value added tax for hotels and restaurants, President Radev pointed out that the tax policy in Bulgaria is not fair, because the current taxation model places a tax burden on the poor people and the middle-class Bulgarians. It is high time we started the debate on progressive taxation, President Rumen Radev said further.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

President Rumen Radev officially opens the summer tourist season

In the presence of cabinet ministers, politicians, mayors and diplomats, President Rumen Radev opened the summer tourist season in Bulgaria's seaside resort of Nessebar. In his greeting, the Bulgarian head of state thanked the local authorities and..

published on 5/18/24 9:50 AM

Sunny weather expected on Saturday

On Saturday the lowest temperatures will range from 8°C to 13°C, for Sofia 10°C. There will be fog in the valleys in the morning. It will be sunny during the day. Clouds will form over the mountains in the afternoon hours with a chance of..

published on 5/17/24 5:20 PM
Bulgaria's President Rumen Radev

President Radev: North Macedonia's road to Brussels passes through Sofia

"I hope that the politicians in North Macedonia have understood that the election campaign is over and if their destructive rhetoric and behaviour turns into real actions, it means pushing their country towards isolation and away from the EU, which is..

published on 5/17/24 4:32 PM