As of today, the reduced VAT rate for home food deliveries enters into force. The indirect levy will be 9% instead of the 20% that applies to […]
Category: Business in Bulgaria
Pandemic Hits Book Industry, Sales Slump By 30%
The slump in book sales in 2020 is 30%, according to a survey by the Bulgarian Book Association, as book publishers and book traders say […]
Bulgaria: State Treasury In Red, Deficit Runs At BGN 183 Million
The Treasury is already at deficit of BGN 183 million, according to the projection data for November provided by the Bulgarian Ministry of Finance. In October, the […]
OECD Comes Out With Prognosis For World Economies
Covid-19 vaccines being developed in combination with ongoing financial stimulus program are key to improving global economic growth, the Organization for Economic Co-operation and Development […]
EC Approves BGN 30 Million Grants For Bulgarian Coach Companies
The European Commission has approved a scheme of Bulgaria in the amount of BGN 30 million (about EUR 15 million) in the form of grants in support of micro, […]
Bulgaria‘s Ministry Of Finance Expects Deficit Of BGN 183.2 Million By End November
Based on preliminary data and estimates, the balance of the consolidated fiscal program (CFP) on a cash basis as of November 2020 is expected to […]
Bulgaria: NSI Reports Worsening Business Climate In November
In November 2020, the economic situation in the country deteriorated for the first time after six consecutive months of improvement, according to the latest survey […]
Bulgaria: Interest Rates Remain Low For Long Period
Interest rates will remain extremely low for an extended period of time due to the Covid-19 crisis, leading bankers predicted at the Banks and Business conference. A new […]
Bulgaria: Shares Prices Of FiBank Down To Nearly BGN 1.80
The shares price of First Investment Bank (FiBank) fell to about BGN 1.80 per share, according to the trading data on the Bulgarian Stock Exchange. This is lower even […]
Bulgaria Extends Credit Vacation
This was decided by the BNB after permission from the European Central Bank The moratorium on loan payments is being extended. This was decided by the Bulgarian […]