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

Assen Vassilev: No VAT cut on energy bills is being discussed

Assen Vassilev
Photo: BGNES-archive

The 2022 draft budget will be submitted to the National Assembly at the end of January after consultations with the ministries and the social partners, Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev said for the BNR.

In his words, the maximum insurable earnings will be raised. The authorities are also planning to abolish the “weekend tax” and the tax on interest income from bank accounts. Teachers' incomes will also increase. Assen Vassilev stressed that the government has not discussed the possibility to reduce VAT on energy to 10%. "Reducing the prices of electricity, heating and water should be done by reducing costs in the system", Assen Vassilev said.




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

Frosty mornings and cold sun during the day

On Wednesday morning, visibility will be reduced in places in the plains and valleys. Minimum temperatures will be between minus 10 and minus 4°C, reaching minus 14°C in some basins. In Sofia it will be around minus 10. During the day, clouds will break..

published on 2/11/25 7:05 PM

International airports in Bulgaria to be equipped with anti-drone systems

All international airports in Bulgaria will be equipped with anti-drone systems. This was agreed upon by Deputy Premier and Minister of Transport and Communications Grozdan Karadzhov and representatives of the airports in Sofia, Varna, Burgas,..

published on 2/11/25 5:54 PM

Bulgaria has the potential to be among the leaders in Europe in the field of AI

EUR 200 billion will be available for the development of artificial intelligence in Europe, and Bulgaria should make the most of this opportunity, said Premier Rosen Zhelyazkov in Paris, where he participated in the Artificial Intelligence Summit...

published on 2/11/25 5:37 PM