Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian cabinet announces package of anti-crisis measures

Photo: BGNES

0% VAT on bread for one year, updating of pensions by about 20% as of July 1 and higher tax breaks for families with children - these are some of the measures included in the so-called anti-crisis package approved by the coalition partners in the Bulgarian government.

Compensation will also be  provided for the high fuel prices. Thus, until the end of the year, Bulgarian citizens will enjoy a discount of 25 cents per litre of gasoline 95 and diesel, methane and propane-butane. 

VAT for heating and hot water, as well as for natural gas for household consumers will be 9% within 1 year, according to another measure. 

Electricity, natural gas and methane will be exempt from excise duty. 

Most of the measures will be settled with the upcoming mid-year budget update. "The goal is to support those who are most severely affected by the rising inflation," Prime Minister Kiril Petkov said at a media briefing.



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

Temperatures rise up to 37°C

Sunday will be sunny and hot. There will be weak to moderate northeasterly wind. Temperatures will continue to rise and the highest will be between 32°C and 37°C; in Sofia – around 32°C. It will be also sunny in the mountains. In..

published on 7/6/24 6:05 PM
Ahmed Dogan

Ahmed Dogan convenes meeting of party members, Delyan Peevski is not invited

The honorary chairman of the Movement for Rights and Freedoms, Ahmed Dogan, has organised a meeting of some of the party members in his summer residence "Rosenets", bTV reported. The MPs and members of the movement who supported him,..

updated on 7/6/24 5:12 PM

NATO Permanent Commission will not participate in the Breeze 2024 naval exercise

For the first time, the NATO Permanent Commission will not participate in the National Naval Exercise "Breeze - 2024" because of the different situation we are in, announced the Commander of the Naval Forces in Bulgaria, Rear Admiral..

published on 7/6/24 5:11 PM