The BESCO Blog
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OPINION ON THE PUBLISHED DRAFT LAW ON THE STATE BUDGET OF THE REPUBLIC OF BULGARIA FOR 2026
BESCO presents its position on the draft state budget for 2026, calling for a lower deficit, more efficient public spending, the preservation of Bulgaria's competitive tax and social security system, and greater investment in innovation, education and economic growth. We also propose the creation of a single digital budget portal that clearly shows how every euro of public resource is spent and what results are achieved.
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OPINION ON THE DRAFT LAW AMENDING THE LAW ON THE INTRODUCTION OF THE EURO
A joint opinion by BESCO and five other business organisations opposing the draft law amending the Law on the Introduction of the Euro, which introduces early dual price display, a prolonged ban on price changes, new obligations for large retailers, and disproportionate turnover-based penalties - measures that the signatories consider to breach free economic initiative and competition.
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OPINION ON THE DRAFT LAW AMENDING THE INSURANCE CODE / 2024
In this opinion, BESCO objects to the proposed requirement that insurance contracts be signed mandatorily with a qualified electronic signature (QES), as this raises costs and hinders access to insurance services and duplicates the framework already in place in the LEDETS (Law on Electronic Document and Electronic Trust Services).
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OPINION ON THE DRAFT BILLS AMENDING THE LAW ON PROTECTION OF COMPETITION AND THE CONSUMER PROTECTION LAW
A BESCO opinion on two draft bills amending the Law on Protection of Competition and the Consumer Protection Law, in which the association supports efforts to curb inflation and protect consumers while insisting on transparency, predictability, and the involvement of business.
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OPINION ON THE DRAFT LAW ON THE EUROPEAN DIGITAL IDENTITY WALLET
In its position paper, BESCO expresses in-principle support for the draft Law on the European Digital Identity Wallet - in particular the provision for private wallet providers, the use of RegiX, and the recognition of foreign certificates - but warns that its success depends on genuinely safeguarding competition, technological neutrality, and equal access rather than merely declaring them. The association therefore proposes a number of refinements, including a compensation mechanism for electronic identification as well (not only for signing with a QES), a technologically neutral model for remote signing, transferring supervision to the Communications Regulation Commission (CRC), a narrower definition of "non-professional purpose", and removing the national requirements for electronic signatures that would hinder cross-border use.
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