Business / Regulations

The Bulgarian government moves forward with first-of-its-kind draft law on crypto assets

European e-cigarette regulations need to change

In June of this year, 12 European countries, led by Denmark, called on the European Commission to create new legislation that would include a ban on flavored vapes

Bulgarian hotels want the introduction of a guaranteed minimum price per night

A minimum price for overnight stays in Bulgarian hotels should be introduced. This is what the hoteliers in Bansko want, according to Marin Bistrin

Tourist tax in Sofia is on the rise. What else is changing?

The municipality of Sofia plans to increase the tourist tax, which has not been changed for years and is one of the lowest in Central and Eastern Europe

Law on crypto assets will regulate their trade in Bulgaria

The Bulgarian Ministry of Finance has drafted a Law on Crypto-Asset Markets to regulate the trading of this type of financial instrument

Consumers will be protected

The Consumer Protection Commission (CPC) actively participates in preparing Bulgaria for the introduction of the euro. The main objectives

Тhe Bulgarian state will help businesses pay their electricity bills above 90 euro/MWh

Despite the unanimity reached by almost all Bulgarian political parties that businesses should receive compensation due to the increase in electricity prices

In case of violations, investors will return state subsidies to the Bulgarian revenue agency

Investors in Bulgaria that receive state aid through Class A and Class B certificates will have to pay the money back if they violate conditions

Interview | Italian businesses expand their investments in Bulgaria

Italian businesses in Bulgaria easily adopt the ESG concept because it is already quite developed in Italy. For years, large enterprises have been preparing sustainability

Major investors pose serious ESG requirements for Bulgaria

Large foreign companies that are considering making an investment in Bulgaria, have innovative productions and use renewable energy sources