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

Bulgarian president vetoes amendments to VAT Act

Photo: Archive

Bulgaria's President Rumen Radev has imposed amendments to the VAT Act. They introduce new provisions in the Consumer Loans Act, which the head of state defines as "inadmissible" and "legally intolerable", BNR reports. 
With some of the approved texts, the deputies have agreed that non-bank financial institutions can charge a double penalty to consumers if they do not fulfill their obligations under a loan agreement. In his reasons, the President defines as unacceptable the practice of the parliament with transitional and final provisions of one law to change others.



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

Prime Minister: 'We are exploring options for the release of the Bulgarian sailors from the Galaxy Leader'. 

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..

published on 4/25/24 6:35 PM

Electricity market liberalization delayed with one year

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..

published on 4/25/24 5:00 PM
Veselina Nalbantov

Veselin Nalbantov: There is shortage of staff in tourist sector, consulates demand kickbacks from potential foreign workers

"Money for salaries in the tourist sector has increased many times, but there are no staff in Bulgaria."   This statement about the state of the tourism industry in Bulgaria was made by Veselin Nalbantov, Deputy Chairman of the Bulgarian Hotel and..

published on 4/25/24 3:08 PM