GERB and the Movement for Rights and Freedoms have presented conditions to Finance Minister Assen Vassilev and “We Continue Change – Democratic Bulgaria” coalition, after which they would support amendments to tax laws in the second reading. The amendments are part of a package of laws related to the approval of the state budget for 2024.
The GERB party does not agree with the proposal for a financial incentive received in exchange for a signal about tax evasion. Until the middle of the year, VAT on bread and flour remains at a zero interest rate.
Restaurateurs wishing to have 9% VAT will have to use software that is directly linked to the tax agency. According to MPs from the ruling majority, the purpose of this measure is to shed light on their sales and turnover.
Bulgaria is going to the sixth early parliamentary elections in less than 4 years, and this hinders the constructive debate and the ratification of an important convention prepared by the International Labor Organization (ILO) and accepted by 44 countries..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and leader of the Bulgarian Communist Party, Todor Zhivkov, turned the first sod for the country's..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of border checkpoint crossings, caretaker Minister of Tourism Evtim Miloshev said. Yet resorts..
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute..
If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to..
Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the..
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