Big Tax Increases for 2025! See What’s Changing in Your Municipality
Several Bulgarian municipalities have adjusted their local taxes and fees for 2025
The Bulgarian state is going to transfer control of some 60% of the country’s mineral water spring to the respective municipalities for a period of 25 years.
Of the 102 mineral water springs in Bulgaria, some 60 are not being utilized by the state or private concessionaires, announced Asen Lichev, head of the Water Directorate at the Environment Ministry.
“The centralized model of governance is inefficient, and it is indicative that this mineral water is being wasted, and not being put to good use. Only 40% of the mineral water in Bulgaria is utilized,” Environment Minister Nona Karadzhova has said.
The local authorities are going to be given the responsibility only for mineral water springs falling with one single municipality which have not been offered on concession yet.
Once they gain control over the springs, the municipalities will be able to offer them on concession but the quantities of water received from each spring will have to be approved by the Environment Ministry.
The attempt to introduce ten new buses to serve the route to Vitosha Mountain has failed after a flawed public procurement process ended without a successful contractor
Fitch Ratings has upgraded the long-term credit rating of the Bulgarian Development Bank (BDB) from 'BBB' to 'BBB+', assigning it a stable outlook
Bulgaria’s annual inflation rate climbed to 4.4% in June 2025, marking its highest point since December 2023
The adoption of the euro in Bulgaria presents a chance to improve the marketplace by creating an environment where honest businesses can thrive, ultimately benefiting consumers
Sofia now has a night bus line serving both terminals of the airport. As of last night, the N4 night line has been extended to include stops at both Terminal 1 and Terminal 2 of Vasil Levski Sofia Airport
The global electric vehicle (EV) market is currently facing significant turbulence, with the United States experiencing one of the sharpest slowdowns
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