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.
Nineteen people have been detained last night for drug possession during a special police operation on the territory of Sofia, the Interior Ministry has announced. Cannabis, ecstasy and more than 400 canisters of laughing gas, as well as..
An Archangel All Souls' Day memorial service was conducted by Patriarch Daniil at the military ossuary museum at the central Sofia cemetery. In his message he stated that today we honour the memory of all of our soldiers: “They are an example..
Almost half of the unemployed under the age of 29 in this country have secondary school education, indicate the latest data of the National Employment Agency. There are 17.350 people from this age bracket registered at the job centres –7,570 of..
Slavi Trifonov, leader of There Is Such a People (ITN) declared he would sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB),..
The recordings from 65 cameras, which streamed the counting of the ballots on election night online, have gone missing, according to a report by the..
We Continue the Change/Democratic Bulgaria (PP/DB), which came second in the 27 October parliamentary election, sent the other political forces to be..
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