Bulgaria remains without progress in the Human Freedom Index 2021 of the Canadian Fraser Institute. The data were presented in Sofia by the Institute for Market Economics. Human freedom in this country is rated with 8 out of 10 possible points and this places Bulgaria 45th out of 165 countries.
The most problematic category in the integrated assessment remains the rule of law, assessed with 5 points. Bureaucratic restrictions on business and the labor market also make the score lower.
For more than a decade, Bulgaria's position in the index has not improved and the data confirm the problems in individual and economic freedom, which are the reason for the suppression of income rise in the country, analysts from the Institute for Market Economy commented.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder