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Market Links: Five parties and coalitions expected to enter the next parliament

The GERB/SDS coalition will have more seats in the 50 th National Assembly – 80, as compared to 69 in the 49 th National Assembly. The Movement for Rights and Freedoms (MRF) is also expected to have more seats – 41 as compared to 36 in..

10.05.24 13:30 |

Supermarkets want to abolish fixed surcharge on bread

The Association for Modern Trade, which unites the majority of supermarkets , has called on President Rumen Radev to veto the new regulation on the surcharge on bread.  In April, the parliament extended the 0% VAT on bread and flour until 31..

09.05.24 18:38 |

Parliament bans gambling ads in media

Without debate and unanimously, MPs adopted amendments to the Gambling Act banning gambling advertising in the media. The only exception is the broadcast of the draws of the state-owned Bulgarian Sports Totalisator, under the Ministry of Youth and Sports...

30.04.24 18:14 |

MPs vote on the National Health Strategy 2030

The National Assembly has approved the National Health Strategy 2030. The document sets out three main objectives: sustainable improvement of health and the living environment; ensuring health security and reducing inequalities; and efficient management..

18.04.24 17:51 |

Foreign companies to be allowed to operate rail services in Bulgaria, Parliament votes in first reading

Foreign companies will now be able to operate passenger rail services in Bulgaria , after an amendment to the Railway Transport Act was adopted in first reading by Parliament.  The opposition was against it. According to Ivaylo Chorbov of Vazrazhdane,..

10.04.24 14:52 |

Bulgaria's financial health is excellent, says PP-DB

"We Continue the Change - Democratic Bulgaria (PP-DB) will appeal to the Constitutional Court against Parliament's decision "on financial stability and fiscal liquidity" after it is published in the official gazette. The PP-DB made the announcement at a..

04.04.24 13:39 |
At an extraordinary sitting, the National Assembly voted the amendments to the BNB bill

Amendments to the Constitution call for emergency repair of the Bulgarian National Bank bill

The President of the National Audit Office Dimitar Glavchev, picked by President Rumen Radev for caretaker prime minister in accordance with the latest amendments to the Constitution from the end of 2023, will not be using unpaid leave while..

02.04.24 14:16 |
Dimitar Glavchev, President of the Bulgarian National Audit Office

MPs to amend Bulgarian National Bank law to facilitate appointment of caretaker prime minister

The National Assembly, in an extraordinary session tomorrow, will adopt amendments to the Bulgarian National Bank (BNB) Act that will allow the bank's governor and deputy governors, the ombudsman and his deputy, the head and deputy head of the National..

01.04.24 15:41 |

Bulgaria will join eurozone when it meets inflation criterion, says outgoing finance minister

Bulgaria will be able to join the eurozone when it meets the inflation criterion, outgoing finance minister Assen Vassilev said in the National Assembly during a debate on state-owned Bulgarian Energy Holding.  Vassilev noted that the outgoing..

29.03.24 16:42 |
Assoc. Prof. Atanas Atanasov, PhD - President of NSI.

NSI does not manipulate inflation data, says its president

The NSI data on inflation in the country are not and cannot be manipulated, as the National Statistical Institute is is subject to monthly inspection by Eurostat.   This was stated in Parliament by NSI President Assoc. Prof. Dr Atanas Atanasov. He..

27.03.24 13:15 |
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