Value-added tax

The Government on Wednesday passed a new Tax Code and a Code of Tax Procedure.

BELGRADE - The total budget surplus since the start of 2015 is RSD 5.9 billion, Finance Minister Dusan Vujovic has said.

"In part, the surplus is caused by the fact that we are spending money more slowly," he said on Wdnesday, during a parliament debate on a bill meant to limit property management in order to prevent terrorism.

By Sotiris Nikas

Bulgaria's state-owned gas supplier Bulgargaz has submitted with the Commission for Energy and Water Regulation a proposal for a decrease in the price of natural gas by 13.17% as of April.

Government spokesman Gavriil Sakellaridis was critical on Saturday of the conservative New Democracy party's comments on the government's tax-evasion efforts following a letter by the opposition finance minister to Greece's EU partners.

The non-governmental organization Save Sofia has sent a signal to Brussels on account of low quality renovation works in Bulgaria's capital. The project was executed in the Sofia municipality with EU funds.

The reconstruction procedure along Bulgaria Blvd's railway cost approximately BGN 7 M no VAT included.

BELGRADE - Serbia's Minister of Finance Dusan Vujovic has said that the budget surplus recorded in January and February was based on higher revenue and lower expenditure.

Revenue went up thanks to VAT collection and excise taxes, but also because of non-tax revenue that includes dividends paid by government companies, he told Radio and Television of Serbia on Wednesday.

"Government to decide on hiking electricity price"

BELGRADE -- The government will probably decide increasing the electricity price between March 15 and 20, Prime Minister Aleksandar Vucic has said.

KOPAONIK - The Serbian government will probably decide on ?anging the electricity prices in the period between Mar? 15 and 20, Prime Minister Aleksandar Vucic said at a pre? conference on Mt. Kopaonik on Tuesday.

KOPAONIK - The Serbian government will probably decide on ?anging the electricity prices in the period between Mar? 15 and 20, Prime Minister Aleksandar Vucic said at a pre? conference on Mt. Kopaonik on Tuesday.