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.
More than a fifth of Bulgarians are poor, according to an analysis by the Institute for Market Economics. People living in deficit are increasing to 21.7% based on data on unemployment, low education, higher number of children in the household, older..
“Bulgaria has supported Ukraine since the very beginning of the war. We must all do our part to ensure that Ukraine is in the strongest possible position to achieve a just and lasting peace.” This was stated by Bulgarian Prime Minister Rosen Zhelyazkov..
The night will be mostly clear and calm, although scattered rain clouds may appear over south-western Bulgaria before midnight , bringing occasional showers. Overnight lows will range from 5°C to 10°C, around 5°C in Sofia. Sunday will start mostly..
In an address to the Bulgarian citizens, the Bulgarian head of state Rumen Radev has announced that he is submitting a proposal to the National Assembly..
In a statement posted on the Facebook page of the Council of Ministers, Prime Minister Rosen Zhelyazkov said that President Rumen Radev's proposal for a..
A Rubik's Cube speed-solving competition will be held at the interactive science and technology center of Sofia Tech Park - TechnoMagicLand on May 10 and..
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