"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.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
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Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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