The value added tax for restaurants and entertainment establishments in the tourism sector will be reduced to 9% from this summer to the end of 2021. The agreement was reached between Bulgaria’s Premier Boyko Borissov, the Association of Restaurants in Bulgaria and the Bulgarian Hotel and Restaurant Association, this country’s government has announced.
"We are taking a political risk with this decision. However, the decision is in support of the sector which incurred losses due to the Covid-19 crisis and has been agreed with the Ministry of Finance", Premier Borissov underlined. In return, gray economy in this sector should be reduced to zero, Premier Borissov has demanded. The amendments to H-18 regulation, which governs fiscal reporting via cash registers, were delayed for next year. Elaboration of anti-crisis credit plan and grants from the Bulgarian Development Bank were also negotiated during the meeting.
If Bulgaria manages to implement the prepared project for Sts. Cyricus and Julitta Island , it could become part of the UNESCO cultural and historical heritage. This was announced by Vice President Iliana Iotova at a meeting in..
Prime Minister Rosen Zhelyazkov described the vote of no confidence in the government over its foreign policy, debates on which are currently being held in the National Assembly, as an attempt to sow discord between the parties in..
“When we deal with diplomacy, we must deal with facts and the official truth,” Minister of Foreign Affairs Georg Georgiev said during the debates in the National Assembly on the vote of no confidence in the government due to failure..
The sea waves have pushed the oil ashore, which was released by a ship in the waters near Varna on the morning of March 31. The pollution was localized..
Partial state of emergency on the territory of the municipality of Varna is in effect until April 6 due to a fuel oil spill in the Black Sea, which has..
Only 5% of prisoners in Bulgaria find work after serving their sentence . According to the Varna-based Altruist Association, quoted by BNT, 75% return to..
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