The value added tax for restaurants and entertainment establishments in the tourism sector will be reduced to 9% from this summer to the end of 2021. The agreement was reached between Bulgaria’s Premier Boyko Borissov, the Association of Restaurants in Bulgaria and the Bulgarian Hotel and Restaurant Association, this country’s government has announced.
"We are taking a political risk with this decision. However, the decision is in support of the sector which incurred losses due to the Covid-19 crisis and has been agreed with the Ministry of Finance", Premier Borissov underlined. In return, gray economy in this sector should be reduced to zero, Premier Borissov has demanded. The amendments to H-18 regulation, which governs fiscal reporting via cash registers, were delayed for next year. Elaboration of anti-crisis credit plan and grants from the Bulgarian Development Bank were also negotiated during the meeting.
Representatives of 4 clubs of the Macedonian Patriotic Organization (MPO) in North America met at the Church of the Holy Spirit in Youngstown. The host was the local society "Todor Alexandrov" from Ohio, which is now almost 90 years old. The president of..
The state will continue to function normally even without the parliament voting on the state budget , according to an analysis by the Institute for Market Economics (IME) called "Without a Budget for 2025 and Without an Extension Law: What Next?". The..
People from the Bulgarian Socialist Party headquarters at 20 Positano Street in Sofia were evacuated due to a bomb threat on Saturday morning. The threat was received by email, according to which a bomb had been placed in a building on Positano Street..
An avalanche has fallen in Pirin Mountain close to Bansko ski resort and has buried people . The Mountain Rescue Service has reported that one of the..
President Rumen Radev met in Sofia with the Prime Minister of Hungary Viktor Orban who is paying a visit to Bulgaria at the invitation of the Bulgarian..
On Saturday, a cold front will sweep across the country. During the night there will be rain in Western and Central Bulgaria, and snow in the..
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