Bulgaria’s National Assembly rejected the bill of "Vazrazhdane" party proposing zero VAT on basic foodstuffs, medicines, water, electricity and gas. 73 MPs voted in favor, 66 MPs voted against, and 48 MPs abstained.
We have provided a draft estimate of the losses, if a zero VAT is adopted, the leader of “Vazrazhdane” party Kostadin Kostadinov said. They will be to the tune of nearly EUR 1 billion. Time will show whether the proposals of “Vazhrazhdane” are unfeasible. Some EU countries already introduced zero VAT on food and medicines, MP Kostadinov noted.
“Your proposal is unfeasible and populist”, MP Iskren Mitev from the ruling party "We Continue the Change” replied.
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official meeting in the Council of Ministers between Prime Minister Rosen Zhelyazkov, Minister of Tourism..
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
Cloudy
Fog