Bulgaria Tourism Board Wants EUR 45 M for Advertising

Business » TOURISM | April 30, 2009, Thursday // 20:36
Bulgaria: Bulgaria Tourism Board Wants EUR 45 M for Advertising Representatives of the major political parties also took part in the National Tourism Board debate on Thursday. Photo by BGNES

Bulgaria's National Tourism Board wants about EUR 30-45 M for advertising the Bulgarian tourism per year.

During a debate meeting Thursday, the Board, which is an association of tourism businessmen, estimated that the Bulgarian state had to allocate a sum equal to about 1-1,5% of the total revenue of the Board's members, which is about EUR 3 B.

The businessmen also demanded a value-added tax of 7% (Bulgaria's VAT is 20%) on all components of the tourism industry, stressing that in most states VAT on tourism services was between 3% and 10%.


We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Tourism » Be a reporter: Write and send your article
Tags: tourism, National Tourism Board, advertising, VAT, value-added tax
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria