The Ministry of Finance presented a concept for a 2023 draft budget with a 3% deficit.
The draft sets down a 10% increase in budgetary sector salaries in the sectors in which this has not yet been done. The draft also envisages the imposition of excess profits tax – a single solidarity contribution for the second quarter of 2023, as well as the reinstatement of some of the VAT rates that were reduced during the Covid-19 pandemic, with the exception of VAT on bread, flour, baby foods and books, restriction of business trips and representation expenditure, raising excise duty on e-cigarettes.
The draft was approved at today’s government sitting.
On Monday, the lowest temperatures will range between 5°C and 10°C, around 5°C in Sofia. It will be mostly sunny in the morning, but around and after noon, cumulonimbus clouds will begin to form. Short showers are expected mainly in the mountain..
We are helping North Macedonia and Serbia because of the breakdowns in their energy systems, Bulgaria’s Minister of Energy Zhecho Stankov announced at an emergency briefing following widespread power outages in the Balkans. “In the early hours..
Bulgaria’s Premier Rosen Zhelyazkov congratulated Pope Leo XIV after his inauguration as the leader of the Catholic Church. Rosen Zhelyazkov wished Pope Leo XIV health, longevity and wisdom. The two had a brief conversation after the official..
Public transport in Sofia will resume as of Tuesday, May 20, Todor Kapitanov, Vice President of the Confederation of Independent Trade Unions in Bulgaria..
The government has agreed to provide an additional €7.7 million in subsidies for Sofia's public transport. This was agreed at a meeting today between..
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..
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