Bread will not be taxed with VAT, the parliamentary budget committee, which is debating the second reading of the state budget update, has decided.
The committee, however, rejected the proposal of GERB and Vazrazhdane parties to reduce the tax on oil, fruit, vegetables and other agricultural products from 20 to 9%. Outgoing Finance Minister Assen Vassilev commented that the lower rate would lead to serious losses for the treasury, while the effect would be doubtful.
The draft budget update also envisages an increase in the state debt limit to BGN 5.2 billion. The financial framework is calculated at an inflation rate of 11.9% and economic growth of 2.9%.
Early on Saturday, temperatures will range from 11 to 20°C , with a minimum of 11°C in Sofia. There will be low cloud cover and reduced visibility in the lowlands and river valleys in the morning. The day will be mostly sunny with scattered clouds...
The Sofia City Court rejected Varna Mayor Blagomir Kotsev's request to amend his preventive measure of "detention in custody" and remanded him in custody, BTA reported. The ruling is not final and is subject to appeal. Sofia City Court receives..
A drone surfaced today on the North Beach in Burgas, a Bulgarian National Radio team reported. According to senior rescuer Petar Rusev, the machine was spotted in an unguarded area of the beach in the direction of Solnitsei. The signal for a..
Joining the eurozone will provide Bulgaria with stability as part of the common currency area, said Christine Lagarde, President of the European Central..
On Friday, the lowest temperatures will range from 15°C to 22°C, 16°C in Sofia. During the day, the cloud cover will often be significant. Cumulonimbus..
Early on Saturday, temperatures will range from 11 to 20°C , with a minimum of 11°C in Sofia. There will be low cloud cover and reduced visibility in the..
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Partly cloudy, chance of rain