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 Embassy of Bulgaria in USA hosted a Fulbright alumni reception . For over three decades, the Fulbright P rogram has played a pivotal role in fostering educational and cultural ties between Bulgaria and the United States. ''Thanks to the..
The National Assembly rejected the no-confidence motion against the cabinet of Prime Minister Rosen Zhelyazkov. This was the fourth motion of no confidence against the government, this time citing ''failure in the environment and water sector''. 83 MPs..
Bulgaria's Ministry of Foreign Affairs issued a statement following the summoning of the Bulgarian ambassador to North Macedonia’s Ministry of Foreign Affairs in Skopje. Skopje lodged an official protest with Ambassador Zhelyazko Radukov, as the..
Sofia will now have night public transport connecting the centre with Vasil Levski Airport , according to the press centre of the Sofia Municipality...
A global leader in the production of robotic and minimally invasive surgical equipment has officially opened a new manufacturing facility in Parvomay ,..
“Prime Minister Hristijan Mickoski’s narrative will be left to those familiar with Aesop’s fables,” Bulgarian Prime Minister Rosen Zhelyazkov commented..
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