Thousands of Bulgarians with Real Estate in Greece Face Tax Inspections
The National Revenue Agency (NRA) has launched a large-scale inspection targeting thousands of Bulgarian citizens who own real estate abroad
Nearly 800 companies operating in the sphere of timber harvesting in Bulgaria have threatened protests over a ban on exports.
Industry representatives demand that the ban on timber exports be revoked, according to reports of the Bulgarian National Radio.
Bulgarian parliamentary parties agreed that the ban on timber exports was an adequate method to combat illegal harvesting.
Bulgarian MPs differed in their opinion on the period of application of the measure, with some calling for an indefinite ban.
Bulgaria’s Parliament eventually adopted a 3-month moratorium on timber exports, specifying that changes to the Forest Act were to be drafted during the period.
During the debates, however, experts noted that the ban on timber exports clashed with the principle of free movement of goods in the EU, stressing that timber companies could initiate lawsuits against the state.
Timber industry representatives claimed that they would run up losses of BGN 40 M during the 3-month period of the ban.
The National Revenue Agency (NRA) has launched a large-scale inspection targeting thousands of Bulgarian citizens who own real estate abroad
The Bulgarian National Bank (BNB) will begin issuing commemorative coins in euros starting next year
The European Council's decisions from July 8, 2025, marked the final approval for Bulgaria to adopt the euro as its official currency starting January 1, 2026
Scope Ratings has upgraded Bulgaria’s long-term credit rating from ‘BBB+’ to ‘A-’ in both local and foreign currency terms
For more than two decades, real estate in Bulgaria has been offered primarily in euros, a practice familiar to both buyers and sellers
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
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