Finance
886 people claim tax relief on home repairs for 2025
The relief is worth up to €102.26 and covers only the tradesman's labour, but most tradesmen work without issuing invoices.
Section
Finance
News on banks, loans, the state budget, financial institutions, tax policy, and capital markets.
Finance
Finance
Builders' group KSB opposes total ban on cash payments between construction firms
The Bulgarian Construction Chamber (KSB) has submitted its position on changes to the Gambling Act. Under the changes, construction firms,…
Finance
Revolut outage: app and cards stop working in UK, France and Spain
Revolut customers could not log in to the app or pay by card on 20 October 2026. The company said customers' money and data are safe.
Finance
Fishermen and fish processors can apply for more than €10m in compensation
The money covers higher costs for fuel, feed, electricity and wages caused by the crisis in the Middle East. The first deadline for applications is…
Finance
Mastercard cards to work without power or network in Bulgaria from 2027
Offline payments will be capped at €200 per purchase. The service will start in Bulgaria in 2027.
Finance
Bankers: ECB may raise interest rate in December, loans without sharp changes
Bankers at leading banks expect the ECB to keep its rate at 2.65% at the end of the month and raise it in December.
Finance
Development bank to manage about €330m to renovate 630 apartment blocks
The money is from the Recovery Plan, the funding for the approved projects is 100% grant-funded, and contracts with the municipalities have already…
Finance
Bank association disputes five claims about sector profits
The Bulgarian Association of Banks (ABB) has published data on five common claims about bank profits. The move follows the government's proposal for…
Finance
More than half of those interested pick dynamic pension sub-fund
From 1 September, people in supplementary pension schemes can choose between a dynamic, a balanced and a conservative sub-fund.
Finance
Tax laws to be submitted to the tripartite council next week
The finance ministry is finishing work on the draft budgets. The KNSB trade union has asked for an emergency meeting of the National Tripartite…
Finance
IMF meetings open in Bangkok, with forecast for Bulgaria on Tuesday
Finance ministers and central bankers will meet in Bangkok until 18 October to discuss record global debt, costly energy and artificial intelligence.
Finance
Pekanov: New draft EU budget protects cohesion and farm funding
The EU's total budget for 2028–2034 falls by about another €100bn, to €1.6 trillion, and a one-year deadline is proposed for the absorption of the…
Finance
Bulgaria's central bank lets Tokuda Bank merge into Bulgarian-American Credit Bank
Tokuda Bank will cease to exist without being liquidated, and Bulgarian-American Credit Bank (BACB) will take over all its rights and obligations.
Finance
Consumer watchdog checks all banks in the country for unjustified fee increases
The check covers fee increases from 1 January 2025 onwards, and the results are expected in the last week of October.
Finance
Borika and Openway win London award for Bulgaria's euro switch
The two firms won a PAY360 Awards 2026 prize for changing Bulgaria's payment system when the country adopted the euro.