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%.
Interior Minister Daniel Mitov told Parliament that 37 cases of harassment and aggression committed by youth gangs have been reported in Sofia since the start of the year, with 33 of the perpetrators already identified and detained. Government to..
To coincide with the start of the new school year on 15 September, Bulgaria’s prosecutor’s office and Ministry of the Interior have launched a nationwide operation targeting drug trafficking near schools , shopping centres, nightclubs and other places..
A new bridge over the Danube River between Bulgaria and Romania is needed in Silistra, Deputy Prime Minister and Minister of Transport Grozdan Karadzhov said during a visit to the town. “In addition to the second bridge in Ruse, there should be two..
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..
Partly Cloudy
Mostly Cloudy
Partly cloudy, chance of rain