The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury.
This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to him, there are big differences only in moments of crisis. "This is a measure of the total tax and social security burden in a country. This shows that Bulgaria is far from being some kind of tax or offshore paradise. We are not a country where the taxes are small. If you add up everything paid by business entities, citizens, property owners, everyone who carries out some kind of activity in the country, in fact a considerable burden is revealed, which is certainly more than 1/3 of what we create", Bogdanov said.
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
A forum entitled "Career and Life - Why in Bulgaria?", organized by the Bulgaria Wants You platform, was held at the Royal Geographical Society in London on October 20. The event, which took place for the second time, attracted significant..
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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