Corruption Signal Sent to PM, New Tax Plans Unveiled Amid Election Developments
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The political landscape is abuzz with a new signal of alleged political corruption sent to Prime Minister Rumen Radev by Borislav Sarafov. Meanwhile, the presidential election campaign is gaining momentum, with twenty candidates receiving media advertising funds and the ballot order finalized. Notably, the Movement for Rights and Freedoms has announced it will not nominate its own presidential candidate.
On the economic front, the Ministry of Finance has indicated a move towards higher taxes, including on property and windfall profits, and proposed accelerated depreciation and an increased VAT threshold. Citizens are also facing concerns over artificially inflated diesel prices and an Ombudsman's call for compensation due to hot water cutoffs. The government is preparing to provide heating aid to nearly 338,000 families.
In other key developments, the Bulgarian technology firm Shelly has been acquired by Schneider Electric for a substantial 1.2 billion euros. Discussions are also underway regarding a shift from traditional heating methods to electricity and pellets, and the PISA 2025 results are prompting calls for educational reforms.