"The tax and social security burden will not increase." Prime Minister Rosen Zhelyazkov made this statement to journalists in Burgas, refuting rumors about an upcoming increase in VAT and other taxes.
"If the government intended to increase the tax and social security burden, it would have clearly and categorically stated so through cabinet acts, official communications, proposals to the legislature, and finally, next year's budget law," Zhelyazkov emphasized. According to Zhelyazkov, the government will continue to work toward financial discipline and a balanced budget.
However, Simeon Dyankov, the chairman of the Fiscal Council and former finance minister, suggested considering an increase in VAT and some other taxes to cover the budget deficit in an interview with the independent news agency BGNES yesterday. Other experts also predict tax increases.
On Friday, the lowest temperatures will be between 4°C and 9°C, reaching up to 12°C in the southeast, around 6°C in Sofia . During the next 24 hours, the weather will remain cloudy. It will rain in almost the entire country. During the day, rainfall..
The Varna District Court has released the city’s mayor, Blagomir Kotsev, on a financial bond of €102,258. Before the court’s decision was announced, supporters of the mayor and members of the We Continue the Change party gathered outside the..
Three people, including an Italian citizen, were arrested during last night's protest against the adoption of the 2026 budget in front of the National Assembly, the director of the Sofia Directorate of Internal Affairs, Chief Commissioner Lyubomir..
On Thursday, minimum temperatures will range from 3° to 19°C, with eastern areas reaching 15–19°C and Sofia around 6°C. The day will be cloudy with..
“Solutions for achieving peace in Ukraine must be based on fundamental principles of the UN Charter, such as sovereignty, independence and territorial..
The National Assembly has introduced a new requirement for state-owned enterprises to implement corruption risk management systems, which will also..
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