Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgarian cabinet announces package of anti-crisis measures

Photo: BGNES

0% VAT on bread for one year, updating of pensions by about 20% as of July 1 and higher tax breaks for families with children - these are some of the measures included in the so-called anti-crisis package approved by the coalition partners in the Bulgarian government.

Compensation will also be  provided for the high fuel prices. Thus, until the end of the year, Bulgarian citizens will enjoy a discount of 25 cents per litre of gasoline 95 and diesel, methane and propane-butane. 

VAT for heating and hot water, as well as for natural gas for household consumers will be 9% within 1 year, according to another measure. 

Electricity, natural gas and methane will be exempt from excise duty. 

Most of the measures will be settled with the upcoming mid-year budget update. "The goal is to support those who are most severely affected by the rising inflation," Prime Minister Kiril Petkov said at a media briefing.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

New runway near Plovdiv will be suitable for heavy transport aircraft

A new runway has been opened at the Graf Ignatievo airbase. It has been upgraded for the new F-16 fighter jets expected in 2025.  "Another 4 out of 49 reconstruction projects at the airbase are essential to accommodate the F-16 fighter jets. The..

published on 7/15/24 1:48 PM

The President agrees to PP-DB's request for extraordinary meeting

Bulgarian President Rumen Radev will hold a meeting with members of the parliamentary group "We Continue the Change - Democratic Bulgaria" (PP-DB), the press service of the president announced. The conversation will be at Dondukov 2 at 4:00 p.m., on July..

published on 7/15/24 10:44 AM

PP-DB call for meeting with the president to discuss the political crisis

"We Continue the Change - Democratic Bulgaria" (PP-DB) political party have requested a meeting with President Rumen Radev to discuss the political crisis and the possibilities for its solution . After the expulsion of most of the MPs from the MRF..

published on 7/15/24 10:01 AM