Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

President Rumen Radev calls for change to tax policy

Bulgaria’s President Rumen Radev
Photo: BGNES-archive

Investing in state-owned petrol stations under unclear conditions cannot guarantee profitability. This step shows that the state is not coping in the fight against fuel cartels and cannot provide an effective environment for free competition, Bulgaria’s President Rumen Radev commented during his visit to the town of Sadovo. On occasion of the proposals for lower value added tax for hotels and restaurants, President Radev pointed out that the tax policy in Bulgaria is not fair, because the current taxation model places a tax burden on the poor people and the middle-class Bulgarians. It is high time we started the debate on progressive taxation, President Rumen Radev said further.




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

President Rumen Radev vetoes SANS Act

President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..

published on 10/14/25 6:42 PM

Wednesday will be cloudy with occasional sunny spells and brief showers in the east

On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..

published on 10/14/25 6:40 PM

IMF predicts growth of Bulgarian economy

In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..

published on 10/14/25 6:20 PM