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.
Eurozone finance ministers discussed the implementation of the requirements for the introduction of the European single currency in Bulgaria , Eurogroup President Paschal Donohoe said after a meeting in Brussels, BTA reports. He pointed out that..
"We Continue the Change - Democratic Bulgaria" (PP-DB) coalition has published its "declaration for getting out of the political crisis in Bulgaria" . The coalition has requested support for the declaration from 160 MPs in parliament so they could..
The 12 km perimeter of the big fire north of the city of Stara Zagora has been cordoned off , the regional governor Metodi Markov said. There are currently six outbreaks of the fire. A concentration of equipment is expected by midday, with two army..
Caretaker Prime Minister Dimitar Glavchev has established a task force to combat the wildfires in the country. Today, he visited the Stara Zagora..
The 12 km perimeter of the big fire north of the city of Stara Zagora has been cordoned off , the regional governor Metodi Markov said. There are..
The situation with the wildfires in the country remains critical. The fire near Stara Zagora has been contained. Firefighting teams are also monitoring..
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