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.
On Saturday, minimum temperatures will range from 13 to 19 °C . In Sofia, it will be 15 °C. Sunny weather will prevail with temporary cloud cover increasing in the afternoon. Maximum temperatures will rise to between 28 and 33 °C. In the capital, it will..
A global leader in the production of robotic and minimally invasive surgical equipment has officially opened a new manufacturing facility in Parvomay , Plovdiv Province, as part of its planned expansion in Europe, BNR Plovdiv reports. The American..
'It is blatantly untrue that the contract with the Turkish state-owned company Botas is not being put into use." President Rumen Radev stated this to journalists at the Krumovo Air Base. The terminal in Alexandroupolis has not been operational..
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