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The government has decreed that state ventures and commercial enterprises have to invest 50% of their profits for 2016 on behalf of the state.
The decree excludes health treatment facilities for inpatient aid and Water and Sewerage enterprises due to the fact that these have fulfilled the preliminary conditions in the water sector for the utilisation of money from European funds.
The dividend must be deposited in the state budget by the end of May.
The holiday base of the Council of Ministers in the Sunny Beach resort was targeted in a robbery that resulted in the theft of 12 air conditioners
The Bulgarian Parliament has approved amendments to the Accounting Law, mandating that enterprises include a sustainability report in their activity reports
Tensions flare in Bulgarian politics as Mariya Gabriel, the GERB candidate for Prime Minister, demands an apology for perceived insults and epithets directed towards her
Negotiations between GERB and "We Continue the Change-Democratic Bulgaria" (WCC-DB) hit a snag as the proposed draft composition of the Council of Ministers by GERB was deemed unacceptable by WCC-DB
The Bulgarian "Vazovsky Machine Building Plants" (VMZ) in Sopot, a state-owned arms plant, has reported an astonishing twofold increase in net sales revenue and profits, surging past BGN 678 million in the first nine months of 2023
The Council of Ministers receives applications for the resignation of regional governors and deputy regional governors from all over the country. The action is unprecedented and puts to the test the fulfillment of the legal obligations of the executive po
As Bulgaria prepares to join the eurozone, many people who have been collecting coins from daily change may be wondering what to do with their small change
Economist Georgi Ganev has warned that Bulgaria’s forthcoming budget is likely to leave the country poorer than it could be, emphasizing that the process lacks genuine dialogue
From January 1, 2026, Bulgaria will officially become part of the eurozone, and the Bulgarian National Bank (BNB) will join the Eurosystem's joint production pool for euro banknotes
The Bulgarian government under Prime Minister Rosen Zhelyazkov says the country is fully prepared for the switch from the lev to the euro on 1 January 2026, having finalised key legislative and operational steps.
Bulgarian banks are preparing for the New Year by ensuring that all ATMs will be stocked with euros starting January 1
As the clock strikes midnight and Bulgaria welcomes 2026, the country will also enter a historic financial shift - the beginning of its transition to the euro
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence
