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Yordan Tsonev (L) and Assen Vassilev

Finance Minister Vassilev: The state budget for 2024 will be approved before Christmas

Discussion of the state budget for 2024 will begin next week in plenary, and tomorrow – of the proposals for amendments to the tax laws. This was agreed by Finance Minister Assen Vassilev and the chair of the National Assembly’s Budget and Finance..

06.12.23 16:00 |
GERB leader Boyko Borissov

Sharp criticism of alleged plans for the sale of state-owned land

GERB leader Boyko Borissov took a stand against the possible sale of farmland from the State Land Fund. He stated that no discussions have so far been conducted by We Continue the Change/Democratic Bulgaria (PP/DB) with GERB on the matter...

29.11.23 16:46 |

Budget committee adopts the state budget at first reading

The Parliamentary Committee on Budget and Finance has approved at first reading the Law on the State Budget Act for 2024. The project was supported by PP-DB, GERB-SDS and DPS. GERB-SDS, however, defined it as a "compromise" and criticized the set..

28.11.23 17:20 |

National Assembly debates amendments to tax laws

The Bulgarian MPs have opened debates on a package of tax laws – on excise duty and tax warehouses, the Tax and Social Security Procedure Code, VAT, corporate income tax, personal income, local taxes and charges. The amendments have to be..

23.11.23 17:48 |
Minister Vassilev

Assen Vassilev: No low wage ghettos in Bulgaria

BGN 933 (EUR 477.04) is the minimum wage in Bulgaria, said Minister of Finance Assen Vassilev at the meeting of the National Council for Tripartite Cooperation. According to him, Bulgaria is at the bottom of the Balkans in terms of the minimum wage ,..

21.11.23 17:18 |
L-R: Assen Vassilev (PP/DB), Temenuzhka Petkova (GERB), Jordan Tzonev (MRF), Desislava Atanasova (GERB) giving a briefing, 17, November, 2023

GERB, MRF and PP/DB reach agreement on national budget and on Russian oil

The parliamentary groups of We Continue the Change/Democratic Bulgaria (PP/DB), GERB/SDS and the Movement for Rights and Freedoms (MRF) reached agreement on the parametres of the national budget for 2024, at a meeting attended by Finance Minister..

17.11.23 16:27 |

One-third of household budgets spent on food

The average total income for the third quarter of 2023 per household member in Bulgaria is EUR 1 , 469.45,  up by 22.5% compared to the third quarter of 2022. Over the same period, spending per household member is EUR 1,387.65, an increase..

17.11.23 13:46 |
PM Nikolai Denkov talking to reporters in parliament, 15 November, 2023

There are no insurmountable differences regarding the budget for 2024, PM Denkov says

“There are no insurmountable differences regarding the budget for 2024, the controversial elements can be cleared up by way of dialogue,” Prime Minister Nikolai Denkov told reporters in parliament after the debates on the upcoming vote of no..

15.11.23 16:55 |
Boyko Borissov adressing the GERB national conference

90% of the government’s programme is not being implemented, GERB claims

“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..

11.11.23 17:27 |
GERB leader Boyko Borissov

GERB criticizes government’s draft national budget

“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...

11.11.23 11:41 |
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