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.
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the National Revenue Agency. A day earlier, traders reported revenue of over 12,7 million euros, while on..
Acting Prosecutor General Borislav Sarafov requested lifting the immunities of MPs Bozhidar Bozhanov and Kiril Petkov from “We Continue the Change – Democratic Bulgaria”. A day earlier, he took the same action against four MPs from..
Five centres for educational, social and health services are being established in small towns as part of the programme "Promoting Justice: Health and Inclusive Education for All - ZOV 2", funded by the Bulgarian-Swiss Cooperation Programme. The..
Household electricity prices will not go up with the planned liberalization of the electricity market for household consumers as of 1 July this year,..
Sunday will be cloudy. A cold atmospheric front from the west will bring rainfalls. In the western mountainous regions of Bulgaria,..
On the day of the third boycott of large retail chains their turnover increased by over 1 million euros, according to data from the..
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