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%.
I expect that in Sofia, the parliamentarians from the member states of the Parliamentary Assembly of the Black Sea Economic Cooperation (PABSEC) will make forward-looking decisions that will support cooperation and the development of the countries in the..
In 2026, the Ministry of Innovation and Growth will invest nearly 115 million euros in national infrastructure for secure satellite communications and in joint projects between business and academia. The funds will be distributed in..
As part of an investigation led by the European Public Prosecutor's Office (EPPO) in Sofia, the police carried out several searches and seizures this week on suspicion of fraud with EU subsidies for agriculture, BTA has reported,..
As part of an investigation led by the European Public Prosecutor's Office (EPPO) in Sofia, the police carried out several searches and..
The tolerance of the Bulgarian people, proven over the centuries, is a guarantee against xenophobia and anti-Semitism, which have no roots in our society...
On Saturday , the lowest temperatures will be between 9 and 14°C; in Sofia - it will be around 9°C. In the morning there will be fog..
Partly cloudy, chance of rain
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