News

From next year Bulgaria will have a fiscal council that will oversee the macroeconomic indexes and the realization of the budget. The council is created in response to an EU Directive, it will consist of 5 members chosen by the Parliament. It will write motivated statements to the Finance Minister regarding acceptan...

The withholding tax charged on the interest from deposits of physical persons will remain in force. This becomes clear from the  proposals of the Ministry of Finance. The Finance Minister stated that these funds are needed in the budget.

This is stated in the annual report of the World Economic Forum. Bulgaria ranks before several countries from the EU - Greece, Syprus, Romania, Slovenia, Slivakia and Hungary. The factors contributing to the good position of Bulgaria among the 148 countries being monitored are - macroeconomic stability - banked 30th...

The National Statistical Institute (NSI) even reports a deflation rate of 0.1% for June. The average inflation rate for the period July 2012 - June 2013, compared to the previous period, is 3.5%. The biggest increase for June is in the sectors of entertainment and culture - 2.6%, while the biggest decrease is in the...

Prime Minister Boyko Borisov promised that SEBP system in which all government payments made ​​will be uploaded on the Internet. This will become public and all the bonuses that receive government officials.

Bulgaria, together with Columbia, Peru, Vietnam, Turkey and the Republic of South Africa, is among the most promissing markets for business transfer, especially in the IT sphere. Its close location to Western Europe, low taxes and comparatively good language skills are the strengths of our country, while the low and...