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.
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
The Institute of Agriculture-Kyustendil will celebrate the Festival of Agricultural Science today with a tasting of new apple varieties and hybrids, the institute’s director, Associate Professor Iliyana Krishkova, told BTA. Farmers will be presented..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day, skies will remain cloudy as rain moves from west to east, gradually easing in the afternoon with..
The international scientific conference “Bulgarians in the Northern Black Sea Region” will be held in Sofia on October 27 and 28, 2025 in the Institute..
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