Bulgarian bread will not be produced from Ukrainian wheat

Published 2022년 7월 11일

Tridge summary

A law in Bulgaria has introduced 0% VAT on bread and flour, which is already impacting consumer prices. The National Union of Bakers and Confectioners expects the effect of the VAT-free flour to be felt in a month. The 20% price reduction in bread is permanent and is expected to decrease further with the implementation of 0% VAT on flour. The chairman of the union, Mariana Kukusheva, also refuted claims of grain imports from Ukraine.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The law for 0% VAT on bread and 0% VAT on flour is in force and the reduction is already reflected in the consumer's basket. This is what the chairman of the board of the National Union of Bakers and Confectioners Mariana Kukusheva told Nova TV. However, it will take about a month to introduce the VAT-free flour into production. At the moment, manufacturers do not use flour with zero VAT, but for bread in all retail chains, prices are reduced by 20%. Apart from that are the promotions. The measure is permanent, and according to Kukusheva, within this year, those who work in gray or even black jobs will be eliminated from the sector - where all types of bread are reduced by 20%, this is the white sector. It was the first time that a completely social measure was adopted, and "if a colleague imagines that he can collect this 20% or a part of it, this is a typical example of the shadow economy and speculation". According to her, the definition of bread includes all types of bread. ...
Source: Duma

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