Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Assen Vassilev: No VAT cut on energy bills is being discussed

Assen Vassilev
Photo: BGNES-archive

The 2022 draft budget will be submitted to the National Assembly at the end of January after consultations with the ministries and the social partners, Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev said for the BNR.

In his words, the maximum insurable earnings will be raised. The authorities are also planning to abolish the “weekend tax” and the tax on interest income from bank accounts. Teachers' incomes will also increase. Assen Vassilev stressed that the government has not discussed the possibility to reduce VAT on energy to 10%. "Reducing the prices of electricity, heating and water should be done by reducing costs in the system", Assen Vassilev said.




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

Mostly sunny with short-term rain showers in some places

At night, in places in the central and eastern part of the country there will be short-term showers with thunderstorms. By morning the precipitation will stop. Cloudiness will decrease from the west. On Saturday it will be..

published on 8/22/25 7:05 PM

Marchela-Vasilena Merchant to stage dance show "Samodiva" in London

In the last days of the hottest month - from August 27 to 30, the performance "Samodiva" will be premiered in London. This is an innovative, immersive dance production inspired by Bulgarian folklore myths. It is the work of..

published on 8/22/25 2:50 PM
Borislav Gutsanov

Nearly a quarter of Bulgaria's economy is in the grey sector

"Nearly a quarter of Bulgaria's economy is in the grey sector – around 23-24%. On the other hand, there is not enough money for pensions, for young people, for mothers, for the second year of maternity. How can the funds be obtained..

published on 8/22/25 2:30 PM