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

On February 1, 2024 the first helicopter of the Helicopter Emergency Medical Service arrived in Bulgaria.

Delivery of two medical helicopters delayed until next year

There is a further delay in the delivery of the next two air ambulances to Bulgaria, the Italian manufacturer has said in a letter to the Ministry of Health. In the letter, the contractor, Leonardo S.p.A., set new deadlines for the arrival of the..

published on 10/3/24 3:30 PM
Iassen Tomov

Bulgaria seeks alternatives to evacuate citizens from Lebanon

Another evacuation flight from Lebanon to Bulgaria would be risky and almost impossible to organise , said Bulgaria's ambassador in Beirut, Iassen Tomov. Alternative options are being considered to bring the Bulgarian citizens home.  On Tuesday, 169..

published on 10/3/24 1:55 PM

Most Bulgarians are Euro-optimists, Eurobarometer survey shows

Most Bulgarians (60%) are optimistic about the future of the EU. The EU-wide figure is 65%, according to a Eurobarometer  post-election survey published by the European Parliament.  Positive attitudes towards the Community are also high - more..

published on 10/3/24 1:34 PM