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.
“I call on all representatives of the Movement for Rights and Freedoms in local government — mayors and municipal councilors — to ensure security and predictability for the people and to take the necessary steps to keep all local taxes and fees..
Bulgaria has climbed to 11th place in this year’s Digital Quality of Life 2025 (DQL) index published by Surfshark, up from 18th last year, BTA reported. The index evaluates countries’ digital well-being across five dimensions: fixed broadband..
Around 90% of the antiques seized during an international operation targeting a cultural property trafficking network will be returned to Bulgaria, Deputy Minister of Culture Todor Chobanov told “Nova TV”. “This is an unprecedented operation in..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that..
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which..
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