Following a decision of Bulgaria’s caretaker cabinet, this country will keep 9% value added tax on foods, non-alcoholic beverages, beer and wine served in catering establishments until the end of the emergency epidemic situation. Baby products, books and services provided in sports halls will be also taxed with a 9% VAT during that period. Tour operators can also benefit from the lower VAT rate.
The cabinet’s decision is part of the package containing amendments to tax laws proposed by this country’s caretaker Minister of Finance Valeri Balchev.
For the second year in a row, the Bulgarian Industrial Association (BIA) will today present its "Effectiveness of Economic Policy" index. The index identifies specific weaknesses in Bulgaria's economic policies that, if addressed, could improve the..
On Thursday lows will be between 7 and 12°C, 9°C in Sofia. Before noon it will be sunny. Around and after midday, cumulus clouds will develop and there will be brief showers in the western parts of the country. Maximum temperatures will be between 22..
The Democrats for a Strong Bulgaria party (DSB), one of the formations in the coalition We Continue the Change-Democratic Bulgaria (PP-DB), has called on National Assembly Speaker Natalia Kiselova to resign . The reason is her appearance in the..
The political situation should give us the opportunity to start working with our compatriots outside the country, who have Bulgarian self-identity and..
A strong earthquake with a magnitude of 6.2 shook Istanbul at 12.49 local time and was felt to varying degrees across Bulgaria, BTA reported, citing the..
The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
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