Half of the annual income of every Bulgarian is returned to the treasury as a personal tax burden. This is what calculations of economists from the Institute for Market Economics show. Tax and social security burden of every working Bulgarian reaches 45 percent of what they earn working, experts say. Add municipal taxes to that and the percentage becomes close to 50%. The heaviest burden comes from insurance, VAT and excise duty.
On Wednesday there will be scattered clouds, which will thicken up in the afternoon. In the Balkan Mountain and the massifs in south-western Bulgaria, light rainfalls can be expected. The lowest temperatures will be between 8° and..
Bulgaria's inclusion in the US Visa Waiver Programme was discussed at a meeting today between Foreign Minister Ivan Kondov and US Ambassador to Bulgaria Kenneth Merten. "Bulgaria's inclusion in the US Visa Waiver Programme is of the utmost importance and..
Bulgarian Commissioner Ekaterina Zaharieva will be given the portfolio "Start-ups, Research and Innovation" in the next European Commission. This was announced today in the European Parliament by Commission President Ursula von der Leyen. Later, in a..
Sofia’s urban subway system has proved to be among the most liked in Europe. The Sofia Metro was ranked the second best in Europe,..
Bulgaria's President Rumen Radev described his meeting with the President of the Republic of North Macedonia Gordana Siljanovska-Davkova, which took..
The 2024-2025 school year will be the first in decades in which text books will be free for all pupils. 509 text books and general subjects study sets..
Scattered showers
Cloudy
Mostly Cloudy
Partly cloudy, chance of rain