VAT (4)

Public Finances 02.2.2026 Author: Simona Gotsova

Petkova “patched up” the deficit with drastic cuts to the capital program

Bulgaria ended 2025 with a budget deficit of 3.1% of GDP. This can be considered good news, given that economists had been warning all year that the revenues projected

Public Finances 01.9.2025 Author: Georgi Zhelyazkov

Djankov: Tax increases are inevitable – VAT is the best option

Tax increases in Bulgaria are inevitable, according to Simeon Djankov, chairman of the Fiscal Council

Regulations 08.8.2025 Author: Simona Gotsova

The single VAT threshold for cross-border trade is currently on the back burner

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

Public Finances 02.2.2024 Author: Antoniya Simova

Bulgarian Finance Minister Assen Vassilev's budget plans came out short with 1.25 billion euros

The Bulgarian Ministry of Finance failed to collect about EUR 1.25 billion from the pledged revenues, subsidies and donations in the 2023 state budget