"The tax and social security burden will not increase." Prime Minister Rosen Zhelyazkov made this statement to journalists in Burgas, refuting rumors about an upcoming increase in VAT and other taxes.
"If the government intended to increase the tax and social security burden, it would have clearly and categorically stated so through cabinet acts, official communications, proposals to the legislature, and finally, next year's budget law," Zhelyazkov emphasized. According to Zhelyazkov, the government will continue to work toward financial discipline and a balanced budget.
However, Simeon Dyankov, the chairman of the Fiscal Council and former finance minister, suggested considering an increase in VAT and some other taxes to cover the budget deficit in an interview with the independent news agency BGNES yesterday. Other experts also predict tax increases.
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute of Ethnology and Folklore with Ethnographic Museum at the Bulgarian Academy of Sciences, Prof...
The annual planned maintenance of Kozloduy NPP Unit 6 starts today and is expected to last until early December, the nuclear power plant has announced. During the shutdown, technical maintenance of the systems and facilities will be carried out,..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before turning cloudy again later, with rain moving in by evening and overnight. Cloudy spells are also..
Overcast, rain
Rain