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.
According to data from the Bulgarian National Bank, household bank loans in Bulgaria surpassed €25.5 billion mark , reaching €25.59 billion by the end of May 2025. The Bulgarian News Agency (BTA) reported that the total loan amount had increased by..
A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad and the Ministry of Interior, as well as members of parliament, have made a clear commitment – to..
Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..
With record interest, Bulgaria's Ministry of Finance has successfully placed debt on international capital markets, the institution announced. Two..
Bulgaria’s Minister of Finance Temenuzhka Petkova announced that Bulgaria is expected to meet the eurozone's price stability criterion again in June...
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