Eco-Tax Hike Pushes Appliance Prices Up by 15% in Bulgaria
Retail prices for household electrical appliances in Bulgaria are set to rise by up to 15%
Bulgarian businesses have paid record taxes at the end of 2013 surpassing the revenue expectations.
"This is a clear sign that Bulgaria is experiencing economic growth," Minister of Economy and Energy Dragomir Stoynev argued for Bulgarian BGNES agency.
"At the end of 2013 the business received a total of BGN 542 M VAT refunds. In 2012, the amount of returned VAT was BGN 300 M less," Stoynev added.
Reported investments since June amount to BGN 496 M. Another BGN 100 M investment is expected, as well as new job openings.
"Bulgarian business has received BGN 2.5 B since May. We insist on having exact relations with the businesses and we are glad that these are mutual," Minister Stoynev said.
According to Stoynev, the economic growth in 2014 will exceed 2% and the negative trend in unemployment will not continue.
Having announced stabilization and diversification as the key priorities in the energy sector, Stoynev denied the media speculations that the Bulgarian Energy Holding (BEH) ??will be divided into three separate companies.
A large part of the Bulgarian business sector is well-prepared for the euro changeover
Since the start of 2024, Bulgaria has issued 24,000 work permits to foreign nationals, marking a significant increase compared to previous years
Vasil Levski Sofia Airport has earned top honors in Europe, receiving the prestigious ACI EUROPE award for “Best Airport in Europe” in the category serving between 5 and 10 million passengers
Wizz Air has launched direct flights between Sofia and the Italian coastal gem of Alghero,
The Bulgarian property market appears to be cooling off in the major urban centers
A new factory built with Czech investment officially opened its doors in Plovdiv
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