News

Retail in Bulgaria on the rise

In February retail and store turnover in Bulgaria increased – both year-on-year and compared to January 2014, shows data of National Statistics Institute (NSI). The retail sector grew by 1%, compared to January and …

Bulgaria remote gambling rule changes move forward

Lawmakers intend to lower taxation on remote gambling in Bulgaria and to reduce red tape on remote gambling license regime. In order to increase tax incomes from remote gambling, lawmakers from the ruling majority in the Bulgarian Parliament have prepared changes …

Bulgarian Parliament prepares changes to Credit Institutions Act

Bulgarian commercial banks’ interest rates for retail and business loans will depend on market benchmark indices LIBOR and EURIBOR, according to a draft law proposal. MPs from ruling Bulgarian Socialist Party, BSP and liberal predominantly ethnic Turkish party Movement for …