“In the support for the government there are two things that are more important to GERB than Euro-Atlanticism – the budget and corruption,” GERB leader Boyko Borissov said at the national conference of the party in Veliko Turnovo. GERB..
“They are going to encounter stiff resistance over the budget, we have said we are not going to raise taxes,” said GERB leader Boyko Borissov in Veliko Turnovo, addressing the participants in the national conference of GERB party...
Bulgaria's Minister of Finance Assen Vassilev presented the draft of the state budget for 2024. It foresees a GDP growth of 3.2% and an average annual inflation of 4.8%, and according to estimates, it should fall to 3% at the end of 2024. A minimum..
“We have been ready to join Schengen for a long time. The fact that Austria is blocking us is unfair. We should oppose this unprincipled position by using the European budget,” said Bulgarian MEP Andrey Novakov at a conference, at the European..
The VAT rate for restaurateurs to become 20% again is one of the measures in the tax laws proposed by the Ministry of Finance . During the Covid epidemic, the tax rate for the industry was reduced to 9%. According to Minister Asen Vasilev, its..
''The loss from Bulgaria's delayed membership in the Eurozone and Schengen is between 4% and 5% of the country's GDP'', Bulgaria’s Minister of Finance Assen Vassilev said in an interview for Nova TV. ''The business loses between EUR 250 million and..
Before the start of the autumn session of the Bulgarian Parliament, Prime Minister Nikolay Denkov stated that the most important task before the deputies is the preparation of the state budget , as all policies for next year depend on it. The Prime..
After a mammoth 20-hour sitting, the Bulgarian MPs finally adopted the state budget for the year. It is calculated with a deficit of 3% - on an accrual basis, and preserves a large part of the initial capital programme. The budget is expected to be..
The Parliamentary Committee on Budget and Finance made some wrong decisions that did not ensure the financial framework of the budget. I have the assurance of the leaders of the parties supporting the cabinet that they will correct the decisions, Prime..
It is achievable to keep to a deficit of 3 percent, Petar Ganev, senior researcher at the Institute for Market Economy has told BNR. "We don't have pitfalls in the budget that are insurmountable. With a strict position of the finance..
