Bulgaria places second in the EU, together with Latvia, in terms of lowest tax revenue/gross domestic product ratio. In those two countries the tax revenue/GDP ratio amounts to 27.9%. Only in Lithuania the tax revenue/GDP ratio is lower-27.2%, data of the European Parliament about the EU states’ tax systems show. On the other hand, in The Netherlands, Belgium, Sweden, and Finland the GDP/tax revenue ratio is highest. Data of the EP also shows that the highest amount of revenues in Bulgaria’s treasury is collected from taxes levied on consumption. The value added tax in Bulgaria (20%) is among the lowest in the whole EU and only Germany, Cyprus, Malta and Luxembourg have lower VAT. On the other hand, Hungary has the highest VAT-27%, followed by Denmark, Croatia and Sweden with 25%. VAT in Romania and Finland amounts to 24%. In Romania, however, VAT on food was reduced to 9%.
The European Commission has approved the transfer of EUR 90 million that remained unused by Bulgaria during the previous financial period under the Rural Development Program, said caretaker Minister of Agriculture, Georgi Tahov, who..
In a speech to the DPS party members, honorary chairman Ahmed Dogan attacked Delyan Peevski's faction without mentioning the name of the chairman of the parliamentary group of the movement. "I am ashamed of this boy's actions...
At a meeting in New York with the Assistant Secretary of State for European and Eurasian Affairs James O'Brien, Bulgarian caretaker Minister of Foreign Affairs Ivan Kondov raised the issue of Bulgaria's inclusion in the United States..
Bulgaria will request the suspension of the import of eggs originating from Ukraine at the meeting of the EU Agriculture and Fisheries Council in Brussels..
The weather in Bulgaria will be sunny on Tuesday. Cloudiness will increase from the west The minimum temperatures will be between 7 °C and 12°C, in..
In New York, within the autumn session of the UN General Assembly, Bulgaria's caretaker Foreign Minister Ivan Kondov met with the Minister for Europe..
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