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Economy

Budget Committee voted against extending reduced VAT rate for bread

Members of the Budget Committee in Parliament on January 7 voted against extending the reduced VAT rate for bread for another year. The proposal, submitted by the "BSP - United Left" party and supported by other parties, was opposed by the Ministry of Finance. The ministry reminded that the...
Чете се за: 03:00 мин.
Bread price hike: Will other bakery products go up in price?
Bread price hike: Will other bakery products go up in price?
In recent days, there has been talk not only about the rise in bread prices but  about the potential increase in the cost of breakfast pastries as well. Julien Taushanov, the owner of a...
Чете се за: 01:07 мин.
Economists predict a rise in inflation in Bulgaria
Economists predict a rise in inflation in Bulgaria
Inflation is expected to rise again due to the recent price increases in Bulgaria, economists have forecasted. This will give the country a window of two to three months, at best, to request...
Чете се за: 04:37 мин.
Politicians and businesses are calling for the return of reduced VAT rates for bread and restaurants
Politicians and businesses are calling for the return of reduced VAT rates for bread and restaurants
There are growing political calls to reinstate a 0% VAT rate for bread and 9% for the restaurant sector. The leader of "Movement for Rights and Freedoms (MRF) - New Beginning," Delyan Peevski,...
Чете се за: 06:05 мин.
Bread prices hike, with increases exceeding 30% in some areas
Shock increase in the price of bread is reported by consumers in different regions of the country in the first days of the new year. In some...
Чете се за: 03:37 мин.
Prices of basic foods have increased: Sugar, oil, and flour see the highest price hike
The prices of food products, fruits, and vegetables have risen over the past month, a trend that consumers have long noticed. The data was...
Чете се за: 04:15 мин.
VAT on bread, flour and restaurant services in Bulgaria restored to 20%
Starting January 1, VAT rates for bread, flour and restaurant services return to 20%. The reduced rates had been introduced during the COVID-19...
Чете се за: 00:47 мин.
Price of electricity for household consumers will increase by an average of 8.42%
The Energy and Water Regulatory Commission (EWRC) has approved new electricity prices for households, as well as preferential prices and premiums...
Чете се за: 03:22 мин.
Energy Minister confirms interest from Hungarian company to buy Lukoil Neftochim
Energy Minister confirms interest from Hungarian company to buy Lukoil Neftochim
Caretaker Minister of Energy, Vladimir Malinov, on December 23 commented on the news that the...
Чете се за: 01:42 мин.
Energy Minister hopes that by 2026, two more repaired units at Chaira Pumped Storage Hydro Power Plant will be operational
Energy Minister hopes that by 2026, two more repaired units at Chaira Pumped Storage Hydro Power Plant will be operational
Caretaker Prime Minister, Dimitar Glavchev, and caretaker Minister of Energy, Vladimir Malinov,...
Чете се за: 04:17 мин.
Renovation of Chaira pumped-storage hydropower plant is completed: innovative solution for the turbines applied
Renovation of Chaira pumped-storage hydropower plant is completed: innovative solution for the turbines applied
The repair of the second hydro unit at the "Chaira" Pumped-Storage Hydroelectric Power Plant has...
Чете се за: 01:47 мин.
EC notifies Bulgaria: Investigation into agreements with "BOTAŞ" has been concluded, no violations found
EC notifies Bulgaria: Investigation into agreements with "BOTAŞ" has been concluded, no violations found
The Directorate-General for Competition of the European Commission has officially informed...
Чете се за: 01:50 мин.
Viktor Orbán: Hungarian company seeks to buy Lukoil Neftochim - Burgas
Viktor Orbán: Hungarian company seeks to buy Lukoil Neftochim - Burgas
The Hungaria's MOL has submitted a bid for Lukoil Neftochim. The company is one of the...
Чете се за: 06:50 мин.
Traffic on the 'Danube Bridge' near Ruse temporarily restored
Traffic on the 'Danube Bridge' near Ruse temporarily restored
Traffic on the "Danube Bridge" at Ruse will be temporarily restored in both lanes today,...
Чете се за: 01:52 мин.
Taxi drivers stage new protest against increase in the price of compulsory third party liability insurance
Taxi drivers stage new protest against increase in the price of compulsory third party liability insurance
Two protests seriously hampered the movement in the center of Sofia - first public transport...
Чете се за: 04:37 мин.
Kozloduy Nuclear Power Plant signed a contract with Westinghouse
Kozloduy Nuclear Power Plant signed a contract with Westinghouse
Representatives of Kozloduy Nuclear Power Plant and Westinghouse Electric Company signed a...
Чете се за: 02:00 мин.
Tomorrow, Dec. 20: Bus services on 26 routes of Sofia public transport will not operate
Tomorrow, Dec. 20: Bus services on 26 routes of Sofia public transport will not operate
Tomorrow morning, December 20, in protest, 26 lines of public transport in Sofia will not...
Чете се за: 02:02 мин.
Grain growers ready to protest if irrigation money not provided
Grain growers ready to protest if irrigation money not provided
The draft budget is causing concern among grain producers. They are preparing for another...
Чете се за: 01:57 мин.
Unemployment rate in Bulgaria is over 5% in November
Unemployment rate in Bulgaria is over 5% in November
The unemployment rate in Bulgaria for November was 5.16%, according to the Employment Agency. By...
Чете се за: 02:40 мин.
Executive director of Union of International Carriers expressed significant relief over Bulgaria's long-waited entry into Schengen
Executive director of Union of International Carriers expressed significant relief over Bulgaria's long-waited entry into Schengen
The relief is immense because we've been waiting for the news of Bulgaria's Schengen entry for...
Чете се за: 02:07 мин.
National Statistical Institute reported annual inflation of 2.1%
National Statistical Institute reported annual inflation of 2.1%
The National Statistics Institute reported on December 16 the rise in the cost of living for...
Чете се за: 00:47 мин.
Four Bulgarian companies will receive grants to improve processes in energy, transport and cyber defence
Four Bulgarian companies will receive grants to improve processes in energy, transport and cyber defence
In the Council of Ministers, agreements were signed for grants from the U.S. Trade and...
Чете се за: 01:12 мин.
PM Glavchev: The financial effect for Bulgaria from full Schengen membership is estimated at 1.6 billion BGN per year
PM Glavchev: The financial effect for Bulgaria from full Schengen membership is estimated at 1.6 billion BGN per year
The financial effect for Bulgaria from full Schengen membership is estimated at 1.6 billion BGN...
Чете се за: 00:52 мин.
Bulgaria's central bank opposed the draft budget for 2025
Bulgaria's central bank opposed the draft budget for 2025
In connection with the forthcoming official submission of the Draft State Budget of Bulgaria for...
Чете се за: 05:02 мин.
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