“Despite the coronavirus crisis, the state is not going to reduce the budgeted spending,” said Finance Minister Vladislav Goranov in Stara Zagora. He pointed out that the government’s 60/40 measure has helped 282,000 people keep their jobs, and that it will continue to operate as long as it is necessary to support enterprises in difficulty.
Minister Goranov was categorical that taxes in Bulgaria must not be altered, as current taxation is the system that is most fair with regard to the middle class.
“Any attempt to introduce progressive taxation will mean one thing – that the people who are active, well-educated will pay double the taxes they pay now. That is wrong and demotivating,” Minister Goranov said.
A cold atmospheric front will pass through Bulgaria over the next 24 hours . During the night, cumulus and cumulonimbus clouds will develop over the northwestern regions, and on Wednesday over the rest of Northern Bulgaria and in some places in..
Finance Minister Temenuzhka Petkova said in Brussels, at the official ceremony for signing the final documents marking Bulgaria’s entry into the eurozone and the adoption of the euro on 1 January 2026, that the country will remain a firm supporter of..
Following the Council of the EU's and the European Parliament's decision on Bulgaria's accession to the eurozone, the country is entering the final phase of preparation, said Dimitar Radev , Governor of the Bulgarian National Bank (BNB), in an interview..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
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