Cabinet Moves Forward on Bulgaria’s OECD and Eurozone Integration Efforts
The Bulgarian government has adopted decisions related to the country’s accession to the eurozone and the Organization for Economic Cooperation and Development (OECD)
With the changes, the companies, whose majority owner is the state, are now required to pay to the treasury an interim dividend of not less than 50 percent of the profit, according to the 6-month financial report for the first half of 2021.
The deadline for paying the dividend is December 15.
The reason for this change is "because of the need to provide additional revenues in the state budget."
It is also stated that this order is in line with the government's dividend policy. This policy was developed for the needs of the medium-term budget forecast, and with the parameters set in connection with it in the State Budget Act for 2021.
These parameters included planned dividend income within current budget year.
It is reminded that in 2018, with amendments to the Public Offering of Securities Act, public companies were given the opportunity to distribute an interim 6-month dividend.
Bulgaria’s toll system now has the technical capability to track average vehicle speeds, as announced by the National Toll Management following a meeting with Regional Development Minister Violeta Koritarova.
The income required to cover living expenses for a working individual and a three-member family with a child under 14 has remained almost unchanged compared to June, according to an analysis by the Confederation of Independent Trade Unions in Bulgaria (CI
The Council of Ministers has adopted a resolution to set the minimum wage at 1,077 leva, reflecting a 15.
Every 20 minutes, fire alerts are received from across Bulgaria.
I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
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