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

National Assembly rejects President Radev’s veto on amendments to VAT Act

Photo: BGNES

Bulgaria’s National Assembly rejected President Rumen Radev’s veto on amendments to the VAT Act. The amendments introduce new provisions to the Consumer Loans Act which Bulgaria’s head of state Radev called “inadmissible” and “legally intolerable”. 

The new texts envisage that non-bank financial institutions can charge a double penalty to consumers if they fail to fulfill their obligations under a loan agreement. The proposal was submitted by the independent MP Spas Panchev. The Bulgarian Socialist Party called the adopted amendment “social genocide, BNR reporter Daniel Inkov reports.”




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

Cloudy and foggy weather expected on Thursday, temperatures in wide limits

On Thursday, minimum temperatures in Bulgaria will be in wide limits, from minus 6° - minus 8°C in places with fog, to about 5°C in the extreme southwestern regions of the country. In Sofia, it will be about minus 1°C.  During the day,..

published on 2/26/25 7:15 PM
Deputy Premier Tomislav Donchev

Bulgaria will try to save part of the second payment under the Recovery and Resilience Plan

Our country has a six-month deadline until the end of August 2025 to restart the process of adopting the laws related to the Recovery and Resilience Plan. This will be done in an attempt to save most of the second payment under the plan,..

published on 2/26/25 6:32 PM
Daniel Mitov

Daniel Mitov: The Interior Ministry is performing well with the checks in the interior of the country after our entry into Schengen

The Ministry of Interior is performing well. There has been an increase in the amount of seized drugs and human traffickers caught at the Schengen borders , Minister of Interior Daniel Mitov said in response to a journalist's question about how the..

published on 2/26/25 4:48 PM