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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 |

Wine and beer at food and drink establishments with lower VAT

A new lower VAT rate is in place, as of 1 August, 2020, on wine and beer served in catering establishments, which will be valid until the end of 2021. The reduction on VAT from 20% to 9% is also valid for tourist services, gyms and..

01.08.20 12:50 |

VAT on beer, wine sales in restaurants temporarily lowered to 9%

VAT is reduced from 20 to 9% for wine and beer sales in restaurants, commissions of tour operators and charter bus services, gyms and sports facilities. This was voted at second reading in parliament today with the votes of GERB, United Patriots, Volya..

30.07.20 11:52 |

Bulgaria has right to reduce VAT on beer and wine

Bulgaria has the right to temporarily reduce VAT on alcohol, the European Commission said in response to a question from the Dnevnik portal. Following a proposal sent to parliament to reduce VAT on beer and wine from 20% to 9%, there were opinions that..

29.07.20 17:47 |

Exports of Bulgarian wine remain steady despite Covid-19 pandemic

Exports of Bulgarian wine in the first half of 2020 remained unchanged as compared to previous years despite the coronavirus pandemic. However, a decrease was registered in the exports of wine to traditional markets such as China. On the other hand,..

24.07.20 19:14 |

Bulgarian winery is in Top 50 of world's best wine destinations

Wine Cellar Villa Melnik ranks 39th in the World’s Best Vineyards chart for 2020. For the first time, a Bulgarian winery is among the 50 best wine destinations in the world including Bordeaux, Napa Valley, Tuscany, Stellenbosch, New Zealand, Chile and..

17.07.20 17:24 |

President Rumen Radev: Bulgarian wine is of world-class quality

Viticulture and wine-making are part of Bulgaria’s national traditions and a living connection with our ancestors, said President Rumen Radev in his address to residents and guests of Ivaylovgrad, southeastern Bulgaria. The President, who was there..

14.02.20 17:41 |

Winemaker Nikolay Dalakov: People value products with more kindness, more surprises, more joy invested in them

For many people around the globe 14 February is St. Valentine’s Day, day of romantic love. In Bulgaria, by a tradition, it is a day celebrating the work of vine-growers and wine-makers, and is called Trifon Zarezan. And even though the..

14.02.20 13:20 |

Exports of Bulgarian agriculture produce up

Exports of Bulgarian agriculture produce and food reached EUR 4.5-5 billion. The export of these products exceeds imports by over EUR 1 billion, Bulgaria’s Minister of Agriculture and Food Rumen Porozhanov said at the Easter Forum themed Yes to..

24.04.19 18:03 |

Consumtion of homemade wine in Bulgaria is high: NSI

The Bulgarians drink an average of 4.3 liters of wine per year. However, they buy 2.2 liters of wine a year on average, the National Statistical Institute announced on occasion of the forthcoming feast of vine-growers and wine-makers, which means that..

31.01.19 16:57 |
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