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Category: Politics & Elections

VAT For Home Food Deliveries Is 9% From 1st Of  December
December 13, 2020December 7, 2020

VAT For Home Food Deliveries Is 9% From 1st Of December

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 […]

Bulgaria: State Treasury In Red, Deficit Runs At BGN 183 Million
December 12, 2020December 7, 2020

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 […]

EC Approves BGN 30 Million Grants For Bulgarian Coach Companies
December 11, 2020December 7, 2020

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
December 10, 2020December 7, 2020

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: Shares Prices Of FiBank Down To Nearly BGN 1.80
December 8, 2020December 7, 2020

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
December 8, 2020December 7, 2020

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 […]

International Truck Drivers Protest On Bulgarian-Turkish Border
December 7, 2020December 7, 2020

International Truck Drivers Protest On Bulgarian-Turkish Border

The international truck drivers will stage a protest at the Bulgarian – Turkish border. The reason is too slow processing of their trucks and goods on both sides of […]

Turkey And Bulgaria Will Support The Private Sector In A Bid To Boost Trade
December 5, 2020November 28, 2020

Turkey And Bulgaria Will Support The Private Sector In A Bid To Boost Trade

The governments of Turkey and Bulgaria are ready to encourage the private sector to become more involved in boosting co-operation, Turkish Deputy Trade Minister Gonca […]

In-person Teaching At Schools In Bulgaria Will Not Resume Before The End Of 2020
December 4, 2020November 28, 2020

In-person Teaching At Schools In Bulgaria Will Not Resume Before The End Of 2020

Pupils at schools in Bulgaria will not return to classes before the end of 2020, with Education Minister Krassimir Vulchev saying that he was adding […]

Bulgaria: BGN 15,000 Fine For Hiding Incomes Abroad
December 2, 2020November 28, 2020

Bulgaria: BGN 15,000 Fine For Hiding Incomes Abroad

The amendments to Tax and Social Security Procedure Code passed by the parliamentary committee Up to BGN 15,000 fine will be imposed for hidden income abroad, envision the amendments […]

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