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.
Security services in Bulgaria are conducting searches and seizures at homes and offices in Sofia and other parts of the country. The operations are being carried out at the request of Ukraine’s National Anti-Corruption Bureau, as part of an..
A military drone that had washed ashore led to Harmanite Beach in Sozopol being cordoned off by the police. A tourist found the drone early in the morning and reported it to 112, Bulgaria's emergency number. The Ministry of Defence confirmed..
Bulgaria's Ombudsman Velislava Delcheva proposed to the Bulgarian National Bank to amend Regulation 22 on the Central Credit Register, so that an interested individual can request deletion of information about indebtedness from the register after his..
The Holy Trinity Bulgarian Orthodox Church in Madison, Illinois, is hosting the Sixth Annual Bulgarian Festival and invites the local Bulgarian community..
President Rumen Radev has returned amendments to the State Property Act to Parliament for further discussion, the President’s press office announced. The..
For the first 7 months of 2025, compared to the same period in 2024, electricity exports from Bulgaria have been growing. This was..
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