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.
Economists and financiers have started a petition demanding that a request for an extraordinary convergence report on the introduction of the euro in Bulgaria be submitted no later than February. "If urgent action is not taken by the government for..
During the night the clouds will increase. After a temporary improvement in visibility, there will be fog or low clouds in the lowlands and valleys. There will be a light wind from the East-Southeast. Minimum temperatures will range from minus 2° C...
Bulgaria’s consul to Sweden Stefan Stoykov has met with the eight Bulgarian sailors, members of the crew of the ship Vezhen suspected of sabotaging a Baltic Sea cable. Sweden seizes Bulgarian ship sailing under Maltese flag European..
Some of the existing mobile networks in Bulgaria will be switched off in 2025. The Chairman of the Communications Regulation Commission, Ivan..
For the third consecutive year, the Consulate General of the Republic of Bulgaria in New York hosted the annual alumni meeting of the American..
In 2024, Bulgarian employers increased the import of labor from non-EU countries, according to data from the National Employment Agency. A total..
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