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%.
An official reception at the Bulgarian Embassy in Paris marked the closing of the 47th session of the UNESCO World Heritage Committee. Among those present were the chair of the session Prof. Nikolay Nenov, the director of the World Heritage Centre..
The first Bulgarian project has received strategic status under the EC's Net Zero Emissions (NZIA) Regulation. The innovative project "BG EXERON X-BESS" in the field of batteries and energy storage technologies has already been entered into the..
On Wednesday minimum temperatures will range from 18° C. to 22° C., for Sofia 18° C. During the day the weather will be predominantly sunny with temporary clouds. Cumulus clouds will develop after midday over the mountains in Eastern Bulgaria and..
Starting this autumn, the Ministry of Labor and Social Policy will launch a program aimed at attracting Bulgarians from abroad. More than EUR 33..
“Entering the Eurozone does not present any risk to Bulgaria. Adopting the Euro can only serve as a powerful accelerator for our economic growth,”..
The Sofia Regional Prosecutor’s Office has indicted 6 individuals for hooliganism in front of the European Commission and European..
Mostly Cloudy
Partly cloudy, chance of rain
Clear
Partly Cloudy
sunshine, cloud, rain and thunder