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.
Prime Minister Rosen Zhelyazkov has highlighted the stability of public finances as a key element on the country's path to Eurozone membership. Speaking to Vice President of the Europe and Central Asia Region at the World Bank, Antonella Bassani,..
The National Assembly has adopted important changes related to the National Emergency Call System - 112. They provide for the construction of a new generation of communication centers, which will be able to determine the exact location of people..
Bulgaria is the guest of honour at the 19th edition of the International Book and Education Fair in Podgorica, which brings together literary representatives from all over Europe. Bulgaria's national presentation, featuring more than 40 publishers and..
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..
The European Commission has stated that the decision to hold a referendum on the adoption of the euro lies within the competence of Bulgaria’s national..
The 20th International Conference of the Bulgarian Association of Surgeons, Gastroenterologists and Oncologists (BASGO) brought together leading..
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