There is agreement within the ruling coalition on reducing VAT on the prices of bread, fruit and vegetables, Minister of Economy Korneliya Ninova said, adding that a zero VAT rate is even being debated.
The Bulgarian Socialist Party is proposing that the reduced revenues from VAT be compensated for by taxing the excess profits of the energy companies – both state-run and private. For a definitive decision to be made, however, the estimates of the Finance Ministry must be seen first. Korneliya Ninova stated further that there is disagreement among the partners from the ruling coalition on two issues – the introduction of a tax-free threshold for incomes, and a price cap for some commodities. According to her, introducing a price ceiling will not result in any market shocks.
The Council of Ministers has granted the Kozloduy Nuclear Power Plant a derogation from the European regulation on restrictive measures in light of Russia's actions in Ukraine. With this derogation, Bulgaria's only nuclear power plant and its largest..
At today’s meeting, the Council of Ministers approved the opening of a consulate of Namibia in Bulgaria, headed by an honorary consular official based in Sofia. Bulgarian Mihail Mihaylov will take on the role of honorary consular official. He served..
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader, where Captain Lyubomir Chanev and Chief Mate Danail Veselinov are being held by the Houthi rebels...
MEP Elena Yoncheva is in the city of Sanaa, Yemen, aiming to reach the port city of Hodeidah on the Red Sea. There lies the hijacked ship Galaxy Leader,..
In response to media reports that a company registered in Bulgaria supplied pagers to the Lebanese organization Hezbollah, which were subsequently..
GERB leader Boyko Borissov has called for the resignation of North Macedonian Deputy Prime Minister Aleksandar Nikoloski because of his..
+359 2 9336 661