Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Assen Vassilev: No VAT cut on energy bills is being discussed

Assen Vassilev
Photo: BGNES-archive

The 2022 draft budget will be submitted to the National Assembly at the end of January after consultations with the ministries and the social partners, Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev said for the BNR.

In his words, the maximum insurable earnings will be raised. The authorities are also planning to abolish the “weekend tax” and the tax on interest income from bank accounts. Teachers' incomes will also increase. Assen Vassilev stressed that the government has not discussed the possibility to reduce VAT on energy to 10%. "Reducing the prices of electricity, heating and water should be done by reducing costs in the system", Assen Vassilev said.




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

Last day of work: cool, rainy

Rain will begin in the western half of the country on Thursday night and spread across the whole country during the day . Cooler air will also move in. Maximum temperatures will range from 12°C in the west to 20°C in the east, with around 12°C in Sofia...

published on 5/15/25 7:05 PM

It is still unclear whether the transport blockade in Sofia will continue on Friday

Sofia Mayor Vasil Terziev met with the transport unions, representatives of the protesting employees of the capital's public transport for the second day, who are demanding a salary increase . The meeting ended without reaching an agreement. However,..

published on 5/15/25 6:33 PM

Prime Minister Zhelyazkov optimistic about the convergence report on the euro

At a briefing before leaving for the summit of the European Political Community in Tirana, Albania, Bulgarian Prime Minister Rosen Zhelyazkov thanked the pro-European majority in the National Assembly. He recalled that all governments since 1997 have..

published on 5/15/25 6:14 PM