VAT on baby food and sanitary materials to be 9%, the budget committee at parliament has decided at second reading. Books will also be subject to lower VAT. Chair of the committee, Menda Stoyanova, who is opposed to differentiated VAT, supported the reduction for children's goods. According to her suggestion, excise alcohol, served in restaurants and as part of catering, remains with a tax of 20%.
This has caused anger among hoteliers and restaurateurs, who had a promise from Prime Minister Boyko Borissov to be subject to 9% VAT for their entire turnover. The differentiation will continue until the end of 2021. For the texts to enter into force, they must be approved by the National Assembly.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
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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