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.
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on October 24, but President Rumen Radev vetoed parts of it, arguing that the proposed rules specifically..
Deputy Prime Ministers and Ministers of Transport Grozdan Karadzhov and Aleksandar Nikoloski signed an agreement in Gyueshevo for the construction of a railway tunnel between Bulgaria and the Republic of North Macedonia. The facility..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia District Prosecutor Natalia Nikolova said at a briefing. She indicated that 13 addresses were..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
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