The 2022 draft budget will be submitted to the National Assembly at the end of January after consultations with the ministries and the social partners, Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev said for the BNR.
In his words, the maximum insurable earnings will be raised. The authorities are also planning to abolish the “weekend tax” and the tax on interest income from bank accounts. Teachers' incomes will also increase. Assen Vassilev stressed that the government has not discussed the possibility to reduce VAT on energy to 10%. "Reducing the prices of electricity, heating and water should be done by reducing costs in the system", Assen Vassilev said.
Bulgaria consistently opposes proposals to remove the requirement for unanimity in decision-making within the framework of the EU’s Common Foreign and Security Policy, Minister of Foreign Affairs Georg Georgiev said in response to a question from MP..
President Rumen Radev has vetoed the legislative amendments related to the appointment of a special commercial administrator in the Lukoil refinery in Burgas. The head of state said that the amendments undermine the legal order in..
"As of today, there will be no acting mayor of Varna and the position will be held by the legally elected mayor Blagomir Kotsev," said deputy Pavel Popov at a press conference. According to him, Kotsev will fulfill his duties and the..
On Wednesday, minimum temperatures will range from 4 to 9°C across the country, reaching around 2°C in Sofia. The wind will ease and fog will settle in..
The amount of the average social security income for the country for September 2025 is 962.25 EUR and the amount of the average monthly social security..
Bulgaria’s Energy Minister, Zhecho Stankov, has reassured citizens and businesses that the country’s fuel supplies are sufficient to last for an extended..
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