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.
In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..
There will be pilot testing of ground-based silver iodide generators for hail protection in two zones where the use of rockets is not allowed, the Deputy Minister of Agriculture Ivan Kapitanov said. At a meeting with Claude Berthet,..
The German economy has been shrinking and the government expects a decline of 0.2% of GDP. Some of the main reasons for this include unresolved structural problems related to lack of energy security, excessive bureaucracy and shortage..
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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