Bulgarian President Calls on Expert Debate on Deposits Tax

Finance | October 14, 2012, Sunday // 14:35|  views

Bulgarian President, Rosen Plevneliev, wants an expert debate on the new plan to tax interest of bank deposits. Photo by BGNES

Bulgarian President, Rosen Plevneliev, stated Sunday that all economy and tax policy experts in the country must get together and discuss the issue with the new tax on interest of bank deposits.

This is how he responded to a question if he would impose a veto on the State Budget Act if the new tax is passed by the Parliament.

"The Parliament must decide on this; it should not be done in pieces and through the media. All political parties must present their opinion. Tax policy, however, is just a small part of the economic policy of a country. In the eve of the 2013 general elections political parties must be honest with voters and inform them about their vision for the economic policy of the State during the next Cabinet's term," said the President.

Plevneliev spoke from the Krumovo airfield, near the second largest city of Plovdiv, where he launched the new exhibit at the local Aviation Museum.

The exhibit is part of the program to mark the 100th anniversary of the first battle flight of the Bulgarian aviation on October 16, 1912.

He stressed on the need to have modern craft, better training conditions and more flight hours.

The President also stated that Plovdiv must have an Aviation Museum in the hearth of the city, so that more people can see the glorious aviation past of Bulgaria and promised to work for the realization of this idea. He highlighted the importance of Bulgarian aviation during the Balkan War for the history of global aviation.

Plevneliev is the initiator of the restoration of the world's only seaplane Arado-196a-3 "Shark." It was restored with a BGN 3 000 personal donation of the President and other donations.

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Tags: experts, debate, tax policy, economic policy, Bulgarian President, Rosen Plevneliev, expert, tax, interest, bank deposits, veto, aviation, museum, Plovdiv, Krumovo, Balkan War


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