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 Sunday the weather will be predominantly sunny over most of the country. Cumulus clouds will form before midday over the Southeasternmost regions where there will be occasional showers. In the afternoon cumulus rain clouds will form over..
A 9-year old boy with multiple injuries has been airlifted from Burgas to Pirogov emergency hospital in Sofia by a Spartan aircraft. The boy got stuck inside the hydraulic drum of a beach cleaning machine on the central beach in Sozopol...
GERB/SDS will not support a government on the third mandate. This was made clear after three hours of consultations with There Is Such a People (ITN). At these consultations ITN presented its priorities in the spheres of justice, energy and foreign..
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..
The fires in the south-western regions of Bulgaria continue , as more than 15,000 decares of forests have already burned. The battle..
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