There is agreement within the ruling coalition on reducing VAT on the prices of bread, fruit and vegetables, Minister of Economy Korneliya Ninova said, adding that a zero VAT rate is even being debated.
The Bulgarian Socialist Party is proposing that the reduced revenues from VAT be compensated for by taxing the excess profits of the energy companies – both state-run and private. For a definitive decision to be made, however, the estimates of the Finance Ministry must be seen first. Korneliya Ninova stated further that there is disagreement among the partners from the ruling coalition on two issues – the introduction of a tax-free threshold for incomes, and a price cap for some commodities. According to her, introducing a price ceiling will not result in any market shocks.
On Tuesday , the clouds will be variable, more significant in the afternoon over Eastern Bulgaria and the mountains and in places there will be rain and thunderstorms. Winds across the country, at the latest in the extreme eastern regions, will be..
The exhibition "Tales of Gold and Silver" of the National History Museum, prepared for the 100th anniversary of the State Cultural Institute "Cultural Center The Palace - Balchik" (formerly the summer residence of Queen Marie of..
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Bulgaria introduces mandatory disinfection of vehicles at all border crossings because of outbreaks of small ruminant plague in Northern..
Sunny weather will prevail on Monday. There will be more significant increases in cloudiness over the northern and eastern regions of..
Bulgaria is in second place after Cyprus in the ranking of forest fires in Europe in 2024, according to the European Forest Fire..
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