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.
A police operation was launched early this morning on the territory of Burgas against vote-buying. The operation aims to guarantee the normal process of voting at the early election for parliament on 27 October. Police are checking private..
Bulgaria is among the leading countries in the number of own homes, and first among 24 countries of Europe, the Deloitte global index shows. According to the data provided by national offices of Deloitte in surveyed countries, Bulgaria has the..
The 2024 summer season has meant more in every respect – more revenues, tourists, sunny days, even more than the record-high results of 2019, caretaker Minister of Tourism Evtim Miloshev said in an interview with bTV. But there are more problems as..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
On Tuesday it will be sunny and windy in most parts of the country. Clouds will develop in the northeast and along the Black Sea coast, where it may rain..
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