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%.
Toll system cameras are now synchronized with the Interior Ministry system. This means that drivers driving in the emergency lane will be monitored and penalized, said Interior Minister Daniel Mitov . “All drivers should know that after the..
Monthly inflation stands at 0.4%, and annual inflation at 4.4%, the National Statistical Institute has announced. In May, the annual inflation stood at 3.7%, the highest since December 2023. The acceleration of the annual inflation rate in..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33 million will fund the initiative "I Choose Bulgaria", reported 24chasa.bg. The goal is to bring workers..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
On Wednesday, the Council of Ministers adopted the Programme for the Support of Bulgarian Communities, Organisations and Media Abroad for 2025...
Last night, thousands of people gathered in front of the Palace of Justice in Sofia to protest, demanding an independent judiciary and expressing support..
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