Podcast in English
Text size
Bulgarian National Radio © 2025 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

Rumen Radev: Support for Ukraine is a losing position, a peaceful way out of the crisis must be sought

Support for Ukraine is a losing position, President Rumen Radev said regarding the position of Prime Minister Rosen Zhelyazkov after the meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky, which..

published on 3/1/25 1:34 PM

“We Continue the Change” expresses support for Zelensky and the Ukrainian people

“We Continue the Change” party has declared full support for President Volodymyr Zelenskyy and the Ukrainian people, who in the most difficult times are defending not only their national interests against the aggressor, but also..

published on 3/1/25 1:12 PM

President Radev to hosts Iftar dinner on the occasion of the holy month of Ramadan

President Rumen Radev will host the traditional Iftar dinner on the occasion of the beginning of the holy month of Ramadan for Muslims. Representatives of the Muslim community, other basic denominations, diplomats, public figures..

published on 3/1/25 11:28 AM