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.
Speaking to the Bulgarian National Radio, the ambassadors of Germany and France to Bulgaria Irene Plank and Joël Meyer commented on the current situation in Europe and the upcoming negotiations on Ukraine. "This is an informal..
The Bulgarian Ministry of Tourism will work to create a map of important, but hard-to-reach tourist and cultural-historical sites. The goal is then to insist on financing the necessary repairs and improvements that will facilitate visitors' access to..
The cities of Sofia, Rotterdam and Cascais will compete for the title of "European Capital of Democracy" in 2026 . The selection will take place until March 12, 2025, by over 4,500 juries in 47 countries. Barcelona was the winner of the title in..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting..
The Ministry of Agriculture and Food will draft a law aimed at normalizing relations along the entire supply chain – from primary production, through..
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