Gradual VAT Reduction Draws Mixed Responses in Bulgaria
A day after Bulgaria's prime minister announced that Value-Added Tax (VAT), which currently stands at 20%, could be cut gradually starting from 2010, experts have voiced cautious forecasts.
- iNews
- Novinite
- Econ
- DoctorOnline
- Jenite
- Div
- Sporta
- FitWell
- Sportuvai
- Peika
- Programata
- News in English
Business » Finance
WSJ: Bulgaria's Euro Adoption in 2013 Tough Task
EU members' swelling debt burdens may end up foiling Bulgaria's aspirations to join the euro in three years, despite the country's budgetary rigor, the Wall Street Journal write in its latest issue.
Israel PM Advises Bulgaria to Reduce VAT over Financial Crisis
Israeli PM Benjamin Netanyahu has advised his Bulgaria counterpart Boyko Borisov to gradually reduce VAT as a measure to deal with the financial crisis.
PM: Bulgaria's Eurozone Quest Will Begin in January
Bulgarian Prime Minister Boyko Borisov has declared that entry to the Eurozone is now the country’s top foreign policy priority.
Ex-Bulgaria Cabinet Spent Billions from Phantom Budget Surplus
The record State budget revenue for 2008, claimed by Bulgaria's previous three-party coalition cabinet, never existed, an audit of the National Audit Office reveals.
1 429 Companies to Be Registered as Large Taxpayers in Bulgaria
Bulgaria's National Revenue Agency is going to register a total of 1 429 companies from all the country in the category of "Large-scale Taxpayers" based on its criteria.
Bulgaria Finance Minister: Magistrates' Spending Must Rely on Conscience
Bulgaria's Finance Minister, Simeon Djankov, is leaving the decision about spending the judicial system State subsidy on the judiciary's ethics.
Bulgaria Finance Minister Predicts Difficult 2010
Bulgaria Finance Minsiter, Simeon Djankov, has stated that he believes Bulgaria will come out of the financial crisis it is currently suffering in spring.
Bulgaria Central Bank Interest Rate Hits New Low
The Bulgarian National Bank (BNB) has announced the lowest basic interest rate since the index was recorded for the first time in 1991.
Bulgaria Finance Ministry Reveals November Budget Surplus
The Bulgaria Ministry of Finance has revealed that the treasury realized a budget surplus of BGN 47,4 M in November.
The Bulgaria 2009 Review: Finance
Bulgaria to Apply for ERM 2 in March 2010, Firm on Euro Adoption in 2013
Bulgaria Set to Tax Madonna's Sofia Concert Fee
Bulgaria's National Revenue Agency has initiated inspections of 13 Bulgarian companies organizing concerts of international music performers in the country.
Finance Minister Moves to Sack Top Managers of Bulgarian Stock Exchange
Finance Minister Simeon Djankov has demanded the resignations of top members of the management of the Bulgarian Stock Exchange.
Bulgaria EU Leader in Cutting State Expenditures, Stable Finances
Bulgaria ends 2009 with a minimum budget deficit of 2009, and is a leader in the EU in terms of making savings from state expenditures.
Bulgaria Finance Ministry Gave Bonuses despite Budget Hole
Employees of Bulgaria's Finance Ministry have received more than one salary in December, the Bulgarian TV channel bTV reported.
Bulgaria Finance Minister Predicts Doubled Personal Incomes in 5 Years
Bulgarian Deputy Prime Minister and Finance Minister Simeon Djankov has declared on Thursday that the country already has a stable, sustainable fiscal policy.
Bulgaria Debutant Company Galata Shatters Profit Records
A Bulgarian investment company, Galata-Varna AD, has broken all financial records on the Bulgarian Stock Exchnage (BSE) on Wednesday.
BNB Head: Bulgaria Banks with 50% Smaller Profit in 2009
The combined profit of the banks in Bulgaria will decline by 50% in 2009 compared to 2008.
Bulgaria Finance Minister Halts Judicial System Christmas Bonuses
Bulgaria's Finance Minister, Simeon Djankov, declared the Finance Ministry would not be able to transfer money to the judicial system budget for Christmas bonuses.
Bulgarian Experts Propose 5% VAT Cut
A day after Bulgaria's prime minister promised that Value-Added Tax (VAT), which currently stands at 20%, could be cut to 17% in 2011, experts have called for sharper decreases.
Bulgaria Plans to Cut VAT to 17% in 2011
Bulgaria's prime minister has announced that Value-Added Tax (VAT), which currently stands at 20%, could be cut to 17% in 2011.
Highlights
Bulgarians You Should Know About
Our Readers Have Spoken
Daily Dose Of Culture
Ups & Downs
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
