We shall be working 4 months this year to fill up the state treasury, analysts from the Institute for Market Economics say. Every year they calculate how much Bulgarians have to pay for the services the state offers.
“This year Tax Freedom Day falls on 4 May. Taking that until then we will have worked to fill up the government coffers, afterwards we will be working only for our own selves, redistributing 36 percent revenues,” says Petar Ganev from the Institute for Market Economics.
“We are always somewhere around the 35, 36, 37 percent mark for redistribution, and adding European funding, the figure comes up to around 40 percent. But a discrepancy is observed between what goes into the budget and what happens at the end of the year.”
Economists talk of turning full circle from the adoption of the budget with a deficit, to a surplus at the end of the year. This is a practice that has to stop, says Petar Ganev:
“There is money in the budget. The question is how effectively we are spending it, as there will obviously be more money for the social systems. Around 500 million more for the health system, 500 million more for education. It is important whether this money is reaching more people.”
A permanently functioning coordination mechanism will control, prevent and counter smuggling, Prime Minister Rosen Zhelyazkov announced after a meeting with representatives of the services. "The objectives are clear, and the approach will be solid",..
“We Continue the Change – Democratic Bulgaria” called on Minister of Regional Development Ivan Ivanov to immediately dismiss the chair of the Management Board of the Road Infrastructure Agency, Eng. Yordan Valchev. “The reasons for..
The Bulgarian Society for the Protection of Birds published information on its Facebook page about two poisoned Egyptian vultures in the Eastern Rhodopes. A female bird, with a transmitter attached, died in the hands of Dr...
The personnel crisis in the tourism sector has reached critical levels, with various data indicating that up to 70% of tourist sites..
House prices in the EU rose by 4.9% in the fourth quarter of 2024 compared with the same period in 2023, according to data from the European statistics..
Donald Trump Jr., the eldest son of the US president, is embarking on an Eastern European tour that will include Prague, Bratislava,..
+359 2 9336 661