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..
“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..
“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..
