The National Assembly approved definitively the reduction of VAT from 20% to 9% for restaurant and catering services, books, baby food, diapers and sanitary items.
With the approval of the texts from the act on amendments to the Value Added Tax Act, at second reading, the ruling majority retains the 20% VAT rate for spirits, beer and wine served in restaurants or as part of catering services, as well as for tour operator services.
The reduction in VAT is a temporary measure of support for businesses as a result of the Covid-19 crisis and will be in place until 31 December, 2021.
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 authorities. The response follows President Rumen Radev's announcement that he intends to propose..
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President Rumen Radev's intention to call a national referendum has drawn criticism from Parliament Speaker Nataliya Kiselova, who described the proposal as "controversial" during a briefing with journalists. Kiselova noted that while the president..
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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