MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most common varieties of bread. It will come into force on July 1. The Economy and Finance ministries will monitor the impact of the measure and if it does not lead to a reduction in the price of bread, it will be adjusted.
Due to Bulgaria's accession to the eurozone, the international rating agencies Fitch Ratings and S&P Global Ratings have upgraded the country’s long-term foreign currency issuer default rating to ‘BBB+’ with a stable outlook , which is..
Italian investors have shown interest in the concession and development of Plovdiv Airport as a passenger and cargo terminal. This became clear during a meeting between Plovdiv District Governor Hristina Yancheva and the Ambassador of Italy to..
On the threshold of the active summer season, which in this country is no more than two months – July and August, the tourism industry is relatively calm. Bookings are good and forecasts for a growth of 6% compared to last year at the..
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