There is agreement within the ruling coalition on reducing VAT on the prices of bread, fruit and vegetables, Minister of Economy Korneliya Ninova said, adding that a zero VAT rate is even being debated.
The Bulgarian Socialist Party is proposing that the reduced revenues from VAT be compensated for by taxing the excess profits of the energy companies – both state-run and private. For a definitive decision to be made, however, the estimates of the Finance Ministry must be seen first. Korneliya Ninova stated further that there is disagreement among the partners from the ruling coalition on two issues – the introduction of a tax-free threshold for incomes, and a price cap for some commodities. According to her, introducing a price ceiling will not result in any market shocks.
A Moroccan national was shot while illegally crossing the Bulgarian-Turkish border near the village of Zvezdets, Chief Commissioner Anton Zlatanov, Director of the Border Police, announced. Around 9 p.m. on July 24, a border patrol..
Holidaymakers in Burgas can look forward to a celebration of wine and spirits at the end of the week . From 25 to 27 July, the International Congress Centre will host the thirteenth edition of the Wine and Spirits Fest Burgas, the largest wine event on..
The Sofia City Prosecutor's Office has announced that it is appealing against the Sofia City Court's refusal to terminate the registration of the Bulgarian Old Calendar Orthodox Church (BOCOC). The appeal states that the Law Amending and..
Bulgaria’s National Assembly has passed, at second reading, amendments to the Road Traffic Act. Municipal cameras and those from the national toll..
Bulgaria has resubmitted its second request for payment under the National Recovery and Resilience Plan (NRRP), amounting to EUR 653 million. The..
The National Assembly adopted a declaration condemning the ongoing war against Ukraine and the political repression of Vladimir Putin's regime with 112..
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