- Restaurants and hotels in Bulgaria are protesting a planned VAT increase.
- They are turning off their lights for nine minutes each evening at 9:00 p.m.
- The protest is called “9 minutes of darkness for 9% VAT.”
- The industry argues that the VAT increase will lead to higher prices and business closures.
- They are demanding a meeting with the government to discuss the issue.
- The VAT reduction was a temporary measure during the COVID-19 pandemic.
- The government plans to reinstate the 20% VAT rate.
- The industry representatives say the move will have negative effects on the sector and the economy.
- They will continue their nightly blackouts until their demands are met.
Source: novinite.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
