At a meeting with bread producers in Dobrich, President Rumen Radev said that the Value Added Tax on bread should be reduced to 9%. According to him, this strategic decision would lead to effectiveness in the fight against the gray economy. The head of state also said that it was good to consider extending the scope of the 60/40 measure, so that larger bread companies could also benefit from it. "It is critical that the government established a good dialogue with large retail chains and ensured protection for the Bulgarian producer," Rumen Radev said.
"Reducing VAT will not lower the price of bread, as we have already seen it in the restaurant sector," Minister of Finance Assen Vassilev said. He recalled that the coalition agreement did not provide for differentiated tax rates other than those already introduced during the Covid epidemic.
On Friday, minimum temperatures will be between minus 7 and minus 2°C, around minus 3°C in Sofia. Most of the country will be sunny with light to moderate winds. Maximum temperatures will be between 1 and 6°C, around 4°C in the capital. In the..
Bulgarian Patriarch Daniil met today with Minister of Foreign Affairs Georg Georgiev . According to a statement on the website of the Bulgarian Patriarchate, one of the reasons for the meeting is the consecration of the new Bulgarian church in London..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev said that Bulgaria will strictly follow the European consensus regarding the European integration of the Republic of North Macedonia . Minister Georgiev pointed out that Bulgaria remains..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
The Bulgarian Ministry of Foreign Affairs is urging the Bulgarian citizens on the Greek islands of the Cyclades, who have decided not to leave the..
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