The Bulgarian MPs have opened debates on a package of tax laws – on excise duty and tax warehouses, the Tax and Social Security Procedure Code, VAT, corporate income tax, personal income, local taxes and charges. The amendments have to be..
BGN 933 (EUR 477.04) is the minimum wage in Bulgaria, said Minister of Finance Assen Vassilev at the meeting of the National Council for Tripartite Cooperation. According to him, Bulgaria is at the bottom of the Balkans in terms of the minimum wage ,..
The parliamentary groups of We Continue the Change/Democratic Bulgaria (PP/DB), GERB/SDS and the Movement for Rights and Freedoms (MRF) reached agreement on the parametres of the national budget for 2024, at a meeting attended by Finance Minister..
The average total income for the third quarter of 2023 per household member in Bulgaria is EUR 1 , 469.45, up by 22.5% compared to the third quarter of 2022. Over the same period, spending per household member is EUR 1,387.65, an increase..
“There are no insurmountable differences regarding the budget for 2024, the controversial elements can be cleared up by way of dialogue,” Prime Minister Nikolai Denkov told reporters in parliament after the debates on the upcoming vote of no..
“In the support for the government there are two things that are more important to GERB than Euro-Atlanticism – the budget and corruption,” GERB leader Boyko Borissov said at the national conference of the party in Veliko Turnovo. GERB..
“They are going to encounter stiff resistance over the budget, we have said we are not going to raise taxes,” said GERB leader Boyko Borissov in Veliko Turnovo, addressing the participants in the national conference of GERB party...
Bulgaria's Minister of Finance Assen Vassilev presented the draft of the state budget for 2024. It foresees a GDP growth of 3.2% and an average annual inflation of 4.8%, and according to estimates, it should fall to 3% at the end of 2024. A minimum..
“We have been ready to join Schengen for a long time. The fact that Austria is blocking us is unfair. We should oppose this unprincipled position by using the European budget,” said Bulgarian MEP Andrey Novakov at a conference, at the European..
The VAT rate for restaurateurs to become 20% again is one of the measures in the tax laws proposed by the Ministry of Finance . During the Covid epidemic, the tax rate for the industry was reduced to 9%. According to Minister Asen Vasilev, its..