At a meeting with bread producers in Dobrich, President Rumen Radev said that the Value Added Tax on bread should be reduced to 9%. According to him, this strategic decision would lead to effectiveness in the fight against the gray economy. The head of state also said that it was good to consider extending the scope of the 60/40 measure, so that larger bread companies could also benefit from it. "It is critical that the government established a good dialogue with large retail chains and ensured protection for the Bulgarian producer," Rumen Radev said.
"Reducing VAT will not lower the price of bread, as we have already seen it in the restaurant sector," Minister of Finance Assen Vassilev said. He recalled that the coalition agreement did not provide for differentiated tax rates other than those already introduced during the Covid epidemic.
The head of state commented on the report adopted by the European Parliament’s Foreign Affairs Committee this week on Skopje’s progress in the European integration process. He also sent a letter to the leaders of the European institutions and..
Generation Z is facing serious difficulties coping with stress, according to results from cadet exams at the Vasil Levski National Military University in Veliko Tarnovo, reported by BNR correspondent Zdravka Maslyankova. While until recently..
On 29 June, the Bulgarian Orthodox Church ‘St. George the Victorious’ in Orlando, Florida, will celebrate the Day of the Holy First Apostles Peter and Paul with a festive liturgy. The Orlando church community is part of the Bulgarian Eastern..
A large fire stretching about 10 kilometers is burning east of the town of Karnobat, Burgas district, reported the mayor of Karnobat Municipality..
At a Sofia City Council (SCC) briefing, municipal officials who recently left the We Continue the Change (PP) party declared they would not be complicit..
A vibrant and free-entry event will mark the beginning of the summer mountain tourist season in the Rhorope town of Chepelare. Starting on June 27 at 6:00..
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