Podcast in English
Text size
Bulgarian National Radio © 2024 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

Bulgaria is ready to protect its borders in a new way after joining Schengen

A review of all border checkpoints has been conducted and active cooperation is underway with all institutions responsible for the border crossing points i n connection with Bulgaria's entry into Schengen , caretaker Minister of Interior Atanas Ilkov..

published on 12/22/24 2:39 PM

Less than 50% of companies in Bulgaria pay Christmas bonuses this year

This year, employers prefer to replace the 13th salary with Christmas events and bonuses. Less than 50% of companies in Bulgaria pay bonuses. Their size depends on the employee's performance, according to a survey by one of the leaders in the..

published on 12/22/24 11:50 AM

Movement for Rights and Freedoms holds a national conference

The 12th National Conference of the Movement for Rights and Freedoms (DPS) will be held today in Sofia. It is expected that structural changes will be made so that DPS will have only one chairman - Delyan Peevski. It is also expected that the figure..

published on 12/22/24 11:32 AM