After banks helped the Ministry of Finance (MF) fill the budget gap this year, the ministry has chosen another sector to help patch up the deficit in 2026
The Ministry of Finance has published the draft budget for 2026, which shows that a 3% budget deficit is again being targeted
At this stage, we have not seen a more detailed draft, but our understanding is that the Bulgarian authorities are aiming for a budget deficit below or within 3% next year
The announced increase in the dividend tax from 5% to 10% in 2026 will not only fail to reduce the share of the shadow economy in Bulgaria
The key to improving the Bulgarian pension system lies in the grey economy and the undeclared billions in it. This opinion was expressed by Social Minister Borislav Gutsanov
Labor productivity in Bulgaria is actually declining on an annual basis—by 0.2%. This is shown by preliminary data from the National Statistical Institute (NSI)
The National Statistical Institute (NSI) significantly raised its figures for Bulgaria's economic growth in the second quarter. The preliminary figures published
Bulgaria expects to receive the second payment under the Recovery and Resilience Plan (RRP) by mid-October. This was announced by Deputy Prime Minister Tomislav Donchev
In response to the statement by the chairman of the Fiscal Council, Simeon Djankov, that tax increases in Bulgaria are inevitable, Prime Minister Rosen Zhelyazkov
Probably everyone in Sofia has already seen the large advertising posters in the metro for the introduction of the euro in Bulgaria on January 1
