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

Taxes in Bulgaria will likely go up: Krassen Stanchev

Krassen Stanchev
Photo: BGNES

Taxes in Bulgaria will have to be raised at the end of next year, Krassen Stanchev, founder of the Institute for Market Economics said for bTV.

He stated that the rise in taxes is in response to the expectations of creditors for the country to pay off the loan taken out. In his words “around 2.5 million Bulgarians are feeding 3.5 million, and themselves”. Around 0.9% of the GDP is envisaged for the private sector which is 2.5 times less than the money for pensioners, Krassen Stanchev said. 



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

Uncontrolled construction and institutional inaction are the cause of the floods

The repeated floods on the Black Sea coast are the result of uncontrolled development, destroyed natural environment and institutional inaction, reads a declaration by the Chamber of Architects in Bulgaria. According to the..

published on 10/7/25 4:08 PM
Kostadin Kostadinov

Kostadin Kostadinov files complaint with prosecutor's office against Boyko Borissov after Wall Street Journal article

The chairman of Vazrazhdane party, Kostadin Kostadinov, has filed a complaint with the prosecutor's office against Boyko Borissov on suspicion of treason. He bases his allegations on an article in the Wall Street Journal, which..

published on 10/7/25 3:23 PM
Tomislav Donchev

Fears about the adoption of the euro will be overcome quickly

“All fears about the introduction of the euro will be overcome for month or two after January 1, 2026.” This was what Deputy Prime Minister Tomislav Donchev said at a meeting on the introduction of the euro in Gabrovo, quoted by BTA...

published on 10/7/25 2:50 PM