The tripartite cooperation council did not reach accord on extending the differentiated VAT rate until the end of the pandemic.
The caretaker cabinet wants the tax to be 9% for food and non-alcoholic beverages served at eating and drinking establishments, baby products, books, tour operator services and use of sports facilities. The Bulgarian Industrial Association is insisting on the introduction of a lower VAT rate for all food and non-alcoholic beverages. The Finance Ministry says that this will mean more than 500 million euro less for the treasury. The TUs are demanding a reduction of VAT overall from 20% to 15% and oppose the differentiation.
The biggest trade union in the country, the Confederation of Independent Trade Unions in Bulgaria, warned there will be protests if there are 15% staff cuts in public administration, as proposed by former Minister of Finance Assen Vassilev from We Continue the Change.
The entire Europe Motorway will be open for traffic o n Sunday (September 14) , Bulgaria’s Minister of Regional Development and Public Works Ivan Ivanov said at a meeting of the Parliamentary Committee on Regional Policy, Public Works and Local..
A new Institute for the Bulgarian Diaspora and Cultural Heritage Abroad has been launched at the University of Library Studies and Information Technologies (UniBIT). The move was approved by the government at the request of the university rector...
The Civil Protection Training Centre in Montana is currently hosting an international NATO exercise with around 1,200 participants from over 40 countries and organisations worldwide. Acting US Ambassador McDowell visited the training ground and met..
OnTuesday, it will be mostly sunny with temporary increases in cloud cover . A weak to moderate wind will blow from the east-southeast. Maximum..
An International Monetary Fund mission will visit Bulgaria as part of its annual review of the country’s economy , the Fund said in a statement...
A Bulgarian delegation recently visited Kyiv at the invitation of President Volodymyr Zelensky , Ukraine’s ambassador to Sofia Olesya Ilashchuk said on..
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