The tripartite cooperation council did not reach accord on extending the differentiated VAT rate until the end of the pandemic.
The caretaker cabinet wants the tax to be 9% for food and non-alcoholic beverages served at eating and drinking establishments, baby products, books, tour operator services and use of sports facilities. The Bulgarian Industrial Association is insisting on the introduction of a lower VAT rate for all food and non-alcoholic beverages. The Finance Ministry says that this will mean more than 500 million euro less for the treasury. The TUs are demanding a reduction of VAT overall from 20% to 15% and oppose the differentiation.
The biggest trade union in the country, the Confederation of Independent Trade Unions in Bulgaria, warned there will be protests if there are 15% staff cuts in public administration, as proposed by former Minister of Finance Assen Vassilev from We Continue the Change.
Bulgaria's Head of State Rumen Radev has officially invited Romania's new President Nikusor Dan to visit Bulgaria , the Bulgarian President's press office announced. Rumen Radev congratulates winner of Romanian presidential election Nicusor Dan..
Lyupcho Georgievski, chairman of the cultural club "Ivan Mihaylov" in the town of Bitola, banned by the Macedonian authorities, will stand trial on May 21 at 10:30 a.m . He is accused of quoting Ivan Mihaylov's memoirs on Facebook using literary..
Today, defence industry companies from Bulgaria and Poland are meeting in Veliko Tarnovo for a conference entitled 'European defence consolidation: challenge and opportunity'. The event is being held under the patronage of Deputy Prime Minister..
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba..
The normal movement of buses, trolleybuses and trams in Sofia is being restored as of today, after last night the unions announced an end to the 6-day..
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic..
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