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 President of the European Central Bank (ECB) Christine Lagarde welcomed the governor of the Bulgarian National Bank (BNB) Dimitar Radev as an observer on the Governing Council of the ECB. In a post on social networks, Lagarde has recalled..
Unprecedentedly, Bulgaria will get a chance to access 22.3 billion euros . This was stated by MEP Andrey Novakov at a joint briefing for Bulgarian journalists in Strasbourg with his colleagues Andrey Kovatchev and Emil Radev. "Bulgaria will get..
A new airline will connect Bucharest and Sofia from October 1. This was announced by the Bulgarian Ambassador to Romania Radko Vlaykov and the co-owner of the Romanian airline AnimaWings Cristian Pandel. At the Bulgarian embassy in Bucharest and..
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