Bulgaria's Tourism Sector "Needs State Support"
2007-09-19 10:00:00
Bulgaria's tourism sector will need additional state support, should the authorities lift the currently used state preferences, it appeared after a meeting between Bulgaria's president and representatives of the tourism sector. Bulgaria's President Georgi Parvanov, Finance Minister Plamen Oresharski, Mario Al-Jebouri, chair of the State Tourism Agency and representatives of the tourism sector in the country discussed the main problems in that field. More than an hour they debated on the problems of the tourism sector and the taxing policy. Tourism sector has a special place in the efforts for Bulgaria's adaptation to the EU demands, President Parvanov underlined. One of the main problems for the tourism business in connected to the taxing policy and Sofia's capability to synchronize it obeying the EU demand, he also pointed out. The plans for increasing of the VAT of 7% to 20% for the tourism sector are among the main concerns of the tourism representatives.

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