At a meeting with bread producers in Dobrich, President Rumen Radev said that the Value Added Tax on bread should be reduced to 9%. According to him, this strategic decision would lead to effectiveness in the fight against the gray economy. The head of state also said that it was good to consider extending the scope of the 60/40 measure, so that larger bread companies could also benefit from it. "It is critical that the government established a good dialogue with large retail chains and ensured protection for the Bulgarian producer," Rumen Radev said.
"Reducing VAT will not lower the price of bread, as we have already seen it in the restaurant sector," Minister of Finance Assen Vassilev said. He recalled that the coalition agreement did not provide for differentiated tax rates other than those already introduced during the Covid epidemic.
Bulgaria’s Premier Rosen Zhelyazkov and Ukrainie’s President Volodymyr Zelenskyy discussed energy security in the region and opportunities to strengthen cooperation in this area. The two held a phone conversation on November 6. They also discussed..
Six migrants died after the car transporting them overturned on the shore of Lake Vaya near Burgas. Before the accident, the traffickers’ car had been chased by border police between the towns of Kiten and Burgas. The driver of the car — a Romanian..
In the period November 7 to 9, Sofia Tech Park will host the tenth edition of CASSINI Hackathons & Mentoring, organized by the European Commission and the European Union Agency for the Space Programme (EUSPA). The hackathon will..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
On Tuesday, minimum temperatures will range from 8 to 13°C , with Sofia seeing around 9°C. Rain is expected across the country, with heavier showers in..
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