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 killing of just over 1,000 sheep from two livestock farms in the village of Sheinovo near Kazanlak has begun due to an open outbreak of smallpox in small ruminants , BTA reported. The animal owners have filed a report with the Bulgarian Food..
Bulgaria's Minister of Labor and Social Policy Borislav Gutsanov and the Ambassador of Vietnam H.E. Nguyen Thi Minh Ngyuet discussed the possibilities of signing a new Memorandum between the two countries in the field of labor and social policy with an..
An Armenian delegation led by the Minister of High-Tech Industry Mkhitar Hayrapetyan is on a two-day visit to Bulgaria for the 9th session of the Bulgarian-Armenian Intergovernmental Commission for Economic, Scientific and Technical Cooperation...
Bulgaria's parliament has approved new regulations for electric scooters, introducing mandatory registration and civil liability insurance under..
Last night, thousands of people gathered in front of the Palace of Justice in Sofia to protest, demanding an independent judiciary and expressing support..
An Armenian delegation led by the Minister of High-Tech Industry Mkhitar Hayrapetyan is on a two-day visit to Bulgaria for the 9th session of the..
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