Tax credits for children will be frozen in 2026 and work experience will now be calculated based on actual hours worked. The National Assembly decided
The Ministry of Finance (MF) will not prepare a medium-term budget forecast for the period 2027 – 2029 when presenting the 2027 draft budget
The National Assembly adopted the controversial provisions in the 2026 state budget, which grant the Minister of Regional Development and Public Works
The National Assembly approved a budget deficit of 5.7% for this year. This took place during the second reading of the state budget bill on Friday
Bulgaria continues to lead the European Union (EU) in fuel price increases. This is shown by the latest data for June from the European statistical office Eurostat
The new method for calculating work experience—based on actual hours worked – will take effect on January 1, 2027, rather than September 1 of this year
Bulgaria has the highest budget deficit in the European Union for the first quarter of 2026. This is shown by preliminary data from the European statistical office Eurostat
Given current trends in Bulgaria, the country’s pension system may soon begin to be financed primarily from the budget rather than from social security contributions
Finance ministers from the European Union (EU) approved a decision to launch an excessive deficit procedure (EDP) against Bulgaria
The current model of the Bulgarian pension system encourages income concealment and the non-payment of required social security contributions
