The budget deficit grew at an increasingly rapid pace, reaching BGN 4.3 billion at the end of July. This is equal to 2% of the expected size of the economy in 2025
Tax increases in Bulgaria are inevitable, according to Simeon Djankov, chairman of the Fiscal Council
The government has approved an agreement under which Bulgaria will take out a €250 million loan from the Council of Europe Development Bank
The Zhelyazkov cabinet is preparing for a new domestic loan of BGN 300 million. According to a statement on the Bulgarian National Bank (BNB) website
Bulgarian industry has accelerated its decline again, according to preliminary data from the National Statistical Institute (NSI) for June
The Ministry of Transport has published a preliminary notice in the Official Journal of the European Union regarding the upcoming public tender for the selection of public transport operators
For the time being, small and medium-sized Bulgarian companies trading in other EU countries will not be able to benefit from the VAT relief
Commercial banks have come to the aid of Finance Minister Temenuzhka Petkova in her attempt to “patch up” the growing budget deficit
Tsvetelina Penkova is a Member of the European Parliament from the Progressive Alliance of Socialists and Democrats (S&D), elected on a mandate from the Bulgarian Socialist Party
Reducing the share of the shadow economy in Bulgaria, which according to various statistics is 20 – 30% of GDP, is one of the tools that the Ministry of Finance
