Bulgaria Anticipates Meeting Eurozone Inflation Criteria by September
Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September
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Parliament's Committee on Budget and Finance adopted at second reading the proposal to reduce VAT on restaurants, books and food and diapers for children.
The deputies said "yes" to the fall of the tax from 20 to 9%, Nova TV reports.
The idea of reducing the VAT on low-alcohol beverages - wine and beer - was rejected.
The MPs also voted for the introduction of a minimum insurance threshold of BGN 610 for unqualified staff in restaurants. For other employees it must be at least BGN 800.
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Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September
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