Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

President Rumen Radev calls for change to tax policy

Bulgaria’s President Rumen Radev
Photo: BGNES-archive

Investing in state-owned petrol stations under unclear conditions cannot guarantee profitability. This step shows that the state is not coping in the fight against fuel cartels and cannot provide an effective environment for free competition, Bulgaria’s President Rumen Radev commented during his visit to the town of Sadovo. On occasion of the proposals for lower value added tax for hotels and restaurants, President Radev pointed out that the tax policy in Bulgaria is not fair, because the current taxation model places a tax burden on the poor people and the middle-class Bulgarians. It is high time we started the debate on progressive taxation, President Rumen Radev said further.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Sharp change in the weather expected on Friday

On Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed will reach 10-15 m/s. With it, cold air will invade the country and temperatures will drop and by..

published on 11/28/24 7:45 PM
Daniel Lorer (L) and Yavor Bozhankov (R)

PP demanded the resignations of two MPs who did not support the candidacy of Silvi Kirilov

"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor Bozhankov", the party's co-chairman Kiril Petkov wrote on Facebook. Silvi Kirilov, nominated by "There..

published on 11/28/24 4:52 PM

MPs face seventh failed attempt to elect Parliamentary Speaker

In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..

published on 11/28/24 3:26 PM