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state aid

Tax breaks instead of direct aid

tax breaks

Last week, the Association of Language Centers in Bulgaria joined the growing number of professional associations that asked the government to provide tax breaks due to difficulties related to the Covid-19 pandemic and the resulting economic crisis. As expected, given the existing problems with face-to-face learning in classrooms. Schools are losing clients from …

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Rila Monastery, bankruptcy and the ideals of the Bulgarian National Revival today and 200 years ago

Rila Monastery

The Rila Monastery will receive over half a million leva as a state subsidy, it became clear in news from early June. In typical government style, a sensitive and popular topic related to one of the most important sites in Bulgarian history and culture was immediately resolved through unclear procedures by Prime Minister Boyko Borissov. …

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Who gets the most money under the government's 60/40 program?

60/40

Among the owners and managers of the largest beneficiaries of 60/40 are individuals such as Kiril Domuschiev, the wife of Tseko Minev, a former deputy and former mayor of GERB. In recent days, the most recent data from the National Social Insurance Institute on beneficiaries of state aid under Decree 55 of the Council of Ministers has made headlines. Decree 55 was adopted on …

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Who does the state help when it promotes the economy?

Bulgarian economic history cannot provide a universally valid answer to this question, but it can suggest in which direction to look. Therefore, it is worth paying a little attention to some of the supposedly “generally accepted” truths about Bulgaria’s economic past. Among them, one can point out the almost axiomatic statement that the economic …

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