Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Tripartite cooperation council fails to reach accord on extending the differentiated VAT rate

Photo: archive

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.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The director of the Plovdiv customs has been detained

The director of the Plovdiv customs, Miroslav Belyashki, has been detained. He was arrested for patronizing a new cigarette smuggling channel, linked to the so-called "cigarette king" Nikola Nikolov - Pascal, who has been on the run from justice in..

published on 4/30/25 3:28 PM

Members of Vazrazhdane party on visit to Washington, meet congressmen

A delegation of the nationalist party "Vazrazhdane" has been on a visit to Washington for two days. It includes Stanislav Stoyanov - chairman of the European party "Europe of Sovereign Nations" and deputy chairman of the parliamentary group of the ESN..

published on 4/30/25 3:21 PM

Bulgaria is first in the EU in terms of the share of people at risk of poverty

In 2024,  93.3 million people in the EU (21.0% of the population) were at risk of poverty or social exclusion , according to data from the European statistical office Eurostat.  According to this indicator, Bulgaria ranks first with 30.35%,..

published on 4/30/25 1:55 PM