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%.
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
Judges have opposed the introduction of a new antivirus agent on their computers. The magistrates fear that it could violate personal data protection rules and compromise the independence of the judiciary. In an official letter, the Bulgarian..
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft..
On Wednesday , the lowest temperatures will be between 3 and 8°C. In the regions with strong wind it will be up to 10-12°C. In Sofia it..
Illegal migrants from Syria, Iraq and Iran have been discovered in Sofia, and ten members of an organised criminal group have been arrested , Deputy City..
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