MPs have agreed to extend the 0% VAT on bread and flour, which was due to expire on June 30, until the end of 2024. Under the GERB proposal, traders will be allowed to add a maximum of 15% profit margin on bread, but the proposal is limited to the most common varieties of bread. It will come into force on July 1. The Economy and Finance ministries will monitor the impact of the measure and if it does not lead to a reduction in the price of bread, it will be adjusted.
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member States, according to NSI data. In February, exports of goods from this country to the EU decreased by..
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years ago, is being postponed. At least for now. The reform should have entered into effect on 1..
The preparation of the non-banking financial sector for the introduction of the euro is at a very advanced stage and a significant part of it has already taken concrete measures to adapt to the new currency, the new chairman of the Financial..
According to Eurostat estimates, price growth in the EU slowed down to 2.4% year-on-year in April 2025, compared to 2.5% in March. According to data..
Bulgarian President Rumen Radev extended an invitation to Japanese business to invest in Bulgaria . This happened during an economic forum in Tokyo..
'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the..
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