The National Trade Union of Bakers insists on a VAT reduction of 9% on all goods and services. According to them, this is the only working measure against inflation and the jump in the prices of basic goods.
The price of bread is formed not only by raw materials and labour, but also by electricity, gas and transport, which are subject to 20% VAT. Therefore, the industry does not want to differentiate the rate only for bread and believes that the measure will lead to higher collection of all taxes in the state budget.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
Mostly Cloudy
Partly Cloudy
Cloudy