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9% VAT for some sectors – benefits and drawbacks for the economy

Amidst continuing anti-government protests, the government reduced, temporarily, VAT on wine and beer served in food and drink establishments form 20% to 9%. The motive of the authors of the measure – the United Patriots and Volya – was to..

04.08.20 10:50 |

Bulgaria's tourist sector demands gratuitous state aid

The Future for Tourism Union has asked Deputy Prime Minister and Minister of Tourism Mariana Nikolova to extend the deadline for refunding customers for already prepaid services. Before the protest scheduled for July 28, at a meeting with Nikolova,..

27.07.20 18:28 |

Mass layoffs of tourist sector personnel in Bulgaria's Black Sea coast resorts

Over 85% fewer tourists will visit Bulgaria's Southern Black Sea coast this summer, the chairman of the Burgas Regional Tourist Chamber, Ivan Ivanov, predicts. This summer, charter flights with tourists from abroad arrive on the Southern Black Sea..

20.07.20 14:51 |

An individual approach can save tourism after Covid-19

The impact that the new coronavirus has dealt on tourism, especially before the start of the busiest season of the year, is an indisputable fact. However, now is the time to talk about the outcome of the pandemic and the practical possibilities..

22.06.20 12:46 |

Bill for differentiated VAT submitted in Parliament

The ruling coalition in Bulgaria has introduced a bill in parliament to reduce VAT for restaurateurs from 20% to 9%. It is proposed to raise the insurance threshold in tourism from 305 to 400 euros. VAT on books is also reduced. The missed annual..

15.05.20 18:19 |

Beaches in Bulgaria to open on June 1

As of June 1, the beaches in Bulgaria will be open for visitors. Until then, the mobile application for showing where and what is the occupancy of umbrellas and sunbeds will start working, Bulgaria's Minister of Tourism Nikolina Angelkova announced ...

11.05.20 19:02 |
Rumen Draganov

47% of hotels in Bulgaria plan to reduce prices for summer season

There is a certain risk for the upcoming tourist season, but overall tourism in Bulgaria is stable, Rumen Draganov from the Institute for Analysis and Assessments in Tourism said in an interview with bTV channel . There are currently 5,860 hotels..

07.05.20 19:37 |

Coalition partners in Bulgarian cabinet propose measures to save Bulgaria's tourist sector

The VMRO political party, a coalition partner in the cabinet of GERB, have proposed a package of two-year state support measures for the tourist sector in light of the crisis caused by Covid-19.  VMRO calls for subsidizing tourist charter..

04.05.20 15:27 |

Bulgaria's Deputy PM, National Tourism Board offer measures to save summer tourist season

Bulgaria's Deputy Prime Minister Krasimir Karakachanov, leader of VMRO, one of the parties in the ruling coalition, together with the National Tourism Board, have proposed to the government a list of measures to support the tourism sector. Offering..

27.04.20 19:45 |
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