GERB and the Movement for Rights and Freedoms have presented conditions to Finance Minister Assen Vassilev and “We Continue Change – Democratic Bulgaria” coalition, after which they would support amendments to tax laws in the second reading. The amendments are part of a package of laws related to the approval of the state budget for 2024.
The GERB party does not agree with the proposal for a financial incentive received in exchange for a signal about tax evasion. Until the middle of the year, VAT on bread and flour remains at a zero interest rate.
Restaurateurs wishing to have 9% VAT will have to use software that is directly linked to the tax agency. According to MPs from the ruling majority, the purpose of this measure is to shed light on their sales and turnover.
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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