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 coalition "We Continue the Change – Democratic Bulgaria", the "Alliance for Rights and Freedoms", and the MECH party will submit to parliament the fifth motion of no confidence against the government of Prime Minister Rosen Zhelyazkov. The topic..
GERB-SDS is supported by 22.8% of voters and remains the leading political force, according to a representative survey by Market Links. ''We Continue the Change – Democratic Bulgaria'' is second with 13.3%, followed by ''DPS-New Beginning'' with..
Romanian Prime Minister Ilie Bolojan held a telephone conversation with his Bulgarian counterpart Rosen Zhelyazkov. The two discussed transport projects and the improvement of navigation along the Danube River, AGERPRES reported, as cited by BTA...
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