The tripartite cooperation council did not reach accord on extending the differentiated VAT rate until the end of the pandemic.
The caretaker cabinet wants the tax to be 9% for food and non-alcoholic beverages served at eating and drinking establishments, baby products, books, tour operator services and use of sports facilities. The Bulgarian Industrial Association is insisting on the introduction of a lower VAT rate for all food and non-alcoholic beverages. The Finance Ministry says that this will mean more than 500 million euro less for the treasury. The TUs are demanding a reduction of VAT overall from 20% to 15% and oppose the differentiation.
The biggest trade union in the country, the Confederation of Independent Trade Unions in Bulgaria, warned there will be protests if there are 15% staff cuts in public administration, as proposed by former Minister of Finance Assen Vassilev from We Continue the Change.
Overnight it will be mostly cloudy, but precipitation will start to decrease from the west. Lows will be between 1° and 6°C, around 2°C in Sofia. On Friday, as the light wind from the northwest intensifies, cloudiness will begin to break up and..
A festival of Bulgarian culture, arts, business and cuisine will be held on Saturday (November 16) at the Josai University in Tokyo , the Japanese-Bulgarian Association said. Two lectures will be given during the event - "Bulgaria - an..
Bulgaria will receive the first eight of the contracted sixteen F-16 Block 70 aircraft next year, caretaker Defence Minister Atanas Zapryanov announced in Dolna Mitropolia. Two aircraft will arrive at the end of March and the remaining six at the end of..
A formation of the Joint Special Operations Command (JSOC) of the Bulgarian Army took part in the Wise Wolf-24 multinational exercise of the..
The only medical helicopter in this country is not being used for rescue operations because its flying licence without a CVFDR - the so-called..
On Saturday , the lowest temperatures will be between 2° and 3°C; in Sofia - around minus 2°C. It will be mostly sunny during the day. Visibility will..
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