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Bulgaria Considers Tax Breaks for Sports Investors

Date: 20.08.2009

Bulgaria's new government of the GERB party is considering the opportunities for giving tax breaks to companies sponsoring sports activities and investing in sports facilities.

This has become clear Thursday as Bulgaria's Prime Minister, Boyko Borisov, met with the head of the Bulgarian Olympic Committee, Stefka Kostadinova, who set the Olympic women's high jump record in 1996.

The meeting between Borisov and Kostadinova was also attended by Sports Minister, Svilen Neykov, and Deputy Finance Minister, Vladislav Goranov. The top officials agreed to carry out a survey of the best European practices for stimulating private investors to sponsor sports events and facilities.

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