“Despite the coronavirus crisis, the state is not going to reduce the budgeted spending,” said Finance Minister Vladislav Goranov in Stara Zagora. He pointed out that the government’s 60/40 measure has helped 282,000 people keep their jobs, and that it will continue to operate as long as it is necessary to support enterprises in difficulty.
Minister Goranov was categorical that taxes in Bulgaria must not be altered, as current taxation is the system that is most fair with regard to the middle class.
“Any attempt to introduce progressive taxation will mean one thing – that the people who are active, well-educated will pay double the taxes they pay now. That is wrong and demotivating,” Minister Goranov said.
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
Illegal recruitment agencies in Uzbekistan are sending workers to Bulgaria with promises of salaries of 5,000 leva (€2,560) . The reality often discourages them from staying, leaving employers at a loss. Officials, employer organisations and businesses..
In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’ organisations. Tsvetan Simeonov, President of the Bulgarian Chamber of Commerce and Industry, said that..
On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly..
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil..
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