Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Tripartite cooperation council fails to reach accord on extending the differentiated VAT rate

Photo: archive

The tripartite cooperation council did not reach accord on extending the differentiated VAT rate until the end of the pandemic.

The caretaker cabinet wants the tax to be 9% for food and non-alcoholic beverages served at eating and drinking establishments, baby products, books, tour operator services and use of sports facilities. The Bulgarian Industrial Association is insisting on the introduction of a lower VAT rate for all food and non-alcoholic beverages. The Finance Ministry says that this will mean more than 500 million euro less for the treasury. The TUs are demanding a reduction of VAT overall from 20% to 15% and oppose the differentiation.

The biggest trade union in the country, the Confederation of Independent Trade Unions in Bulgaria, warned there will be protests if there are 15% staff cuts in public administration, as proposed by former Minister of Finance Assen Vassilev from We Continue the Change.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The port city of Varna will see slightly cooler temperatures tomorrow.

Thermometer rising

Monday will be sunny and hot. In the east there will be light to moderate northeasterly winds. Maximum temperatures will be between 33° and 38°C , in Sofia - 33°-34°C. Over the mountains, it will be sunny and there will be a breeze from the..

published on 7/7/24 7:05 PM
Delyan Peevski

Delyan Peevski: Peevski-Dogan relations not on the agenda

"There is no, and cannot be, any opposition between Dogan and me," DPS Co-Chairman Delyan Peevski stated in a release from the party's press center. He added, however, that there was an opposition and a conflict: "The conflict is Peevski versus the fat..

published on 7/7/24 6:44 PM

Bulgaria's air ambulance completes first successful mountain mission

Bulgaria's air ambulance helicopter has completed its first operation in the mountains , interim Transport Minister Georgi Gvozdeykov said. New delay expected for air ambulances for emergency medical services Responding to a signal from the..

published on 7/7/24 5:15 PM