Six-Month Overhaul: Bulgaria’s Burgas Airport to Close for Major Renovation
Burgas Airport will close for major renovation, with operations set to resume on May 1
Bulgarian Publishers Rise Against VAT on Books
Business | June 28, 2006, Wednesday // 00:00
- Tweet
Send to Kindle
Bulgarian publishers lay books on the tiles before Parliament, protesting the VAT on books. Photo by Kameliya Atanasova (Sofia News Agency)
Publishers in Bulgaria have launched a strike, demanding that the government abolishes the 20% VAT on books and textbooks.
Bulgaria's budget commission has nodded a change in the VAT law that would lead to a 20% rise in the prices of books and school materials, publishers alarmed.
If the government also approves the change, books in the country will become a strain on the budget of many Bulgarians. Should the VAT be abolished, however, their price could drop by about 10%, making them more affordable, and stimulating more buys.
Bulgaria's publishing industry is already suffering because of the high prices, and the number of books that come out yearly is about 12 times lower than in European countries.
Bulgaria's budget commission has nodded a change in the VAT law that would lead to a 20% rise in the prices of books and school materials, publishers alarmed.
If the government also approves the change, books in the country will become a strain on the budget of many Bulgarians. Should the VAT be abolished, however, their price could drop by about 10%, making them more affordable, and stimulating more buys.
Bulgaria's publishing industry is already suffering because of the high prices, and the number of books that come out yearly is about 12 times lower than in European countries.
Expert: Bulgaria Cannot Legally Ban Fuel Exports!
Bulgaria cannot legally impose a ban on fuel exports, according to Nikola Yankov, former Deputy Minister of Economy and former Bulgarian representative for Lukoil
Bulgaria Rings in 2026 with Two Currencies: What to Expect on New Year’s Eve
As the clock strikes midnight and Bulgaria welcomes 2026, the country will also enter a historic financial shift - the beginning of its transition to the euro
Why Bulgaria Is Becoming Europe’s Hidden Real Estate Gem in 2025
Bulgaria’s property market is booming in 2025.
Bulgaria Tightens Security Around Lukoil Sites with Anti-Drone Systems and Military Support
The Bulgarian government has tightened security measures around Lukoil’s strategic facilities across the country
Small Businesses Face Toughest Challenges Ahead of Bulgaria’s Euro Adoption in 2026
Small and medium-sized enterprises in Bulgaria are expected to face the greatest difficulties once the euro becomes the country’s official currency in 202
Business | November 9, 2025, Sunday // 10:38
