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.
During the regional GERB youth academy in Targovishte, GERB leader Boyko Borissov stated that GERB would not sign the declaration of We Continue the Change/Democratic Bulgaria (PP/DB) for a cordon sanitaire around Delyan Peevski. PP/DB calls..
A protest took place in Velingrad in support of the farmers whose flocks of sheep have been quarantined because of positive tests for sheep and goat plague. To stop the spread of the disease, access to the area around the farms has been..
Bulgaria will be given six months to carry out the necessary reforms connected with the liberalisation of the energy market , otherwise it stands to lose EUR 653 million which it should receive as a second payment under the Recovery and..
The financial effect of our country's accession to Schengen by land will amount to BGN 1.63 billion (EUR 833.4 million) per year, according to a study..
A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common..
The Ministry of Transport and Communications supports the idea of naming Sofia Airport after Vasil Levski– the most undisputed figure in Bulgarian..
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