Bread will not be taxed with VAT, the parliamentary budget committee, which is debating the second reading of the state budget update, has decided.
The committee, however, rejected the proposal of GERB and Vazrazhdane parties to reduce the tax on oil, fruit, vegetables and other agricultural products from 20 to 9%. Outgoing Finance Minister Assen Vassilev commented that the lower rate would lead to serious losses for the treasury, while the effect would be doubtful.
The draft budget update also envisages an increase in the state debt limit to BGN 5.2 billion. The financial framework is calculated at an inflation rate of 11.9% and economic growth of 2.9%.
Saturday will be mostly sunny. Scattered high clouds will appear over western areas in the afternoon. Light winds will blow from east-northeast. Maximum temperatures will be between 18° and 23°C, around 20°C in Sofia. In the mountains it will be..
At midnight today, the campaign for the general election, to be held on Sunday 27 October, officially ends . Saturday is a day of silence. As of 23 October, 21 of the 28 parties and coalitions had signed contracts for media coverage of their..
Lawyers in Sofia, Burgas, Ruse and other cities have come out to protest against what they say is an illegitimate procedure for the election of the Prosecutor General. The election process should be stopped and a new SJC should elect a reputable and..
BGN 1,454 (EUR 738) per month is needed for a working person to be self-sufficient and live according to Bulgarian standards. For a family of three,..
Cows locked in a lorry have been stranded for six days in the buffer zone between the Kapitan Andreevo and Kapikule border crossings. Two of the..
Bulgaria is hosting the annual meeting of the ECTAA - European Travel Agents' and Tour Operators' Association - the largest event of the institution that..
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