The 2022 draft budget will be submitted to the National Assembly at the end of January after consultations with the ministries and the social partners, Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev said for the BNR.
In his words, the maximum insurable earnings will be raised. The authorities are also planning to abolish the “weekend tax” and the tax on interest income from bank accounts. Teachers' incomes will also increase. Assen Vassilev stressed that the government has not discussed the possibility to reduce VAT on energy to 10%. "Reducing the prices of electricity, heating and water should be done by reducing costs in the system", Assen Vassilev said.
The Russian Federation has not demonstrated readiness to achieve peace. The Black Sea is a border zone with war. It must have the absolute attention of the allies. We want a greater presence from them in the Black Sea. This was what..
The parliament has adopted amendments to the Defence Act. They expand the possibilities for declaring a state of emergency and activating the armed forces. The possibility of using weapons against drones in the protection and..
Bulgaria's economy will grow by 3 percent this year. In 2026, the growth rate will slow to 2.7 percent, the Ministry of Finance writes in its Autumn Macroeconomic Forecast. The analysis has been uploaded to the ministry's website...
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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