Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Taxes in Bulgaria will likely go up: Krassen Stanchev

Krassen Stanchev
Photo: BGNES

Taxes in Bulgaria will have to be raised at the end of next year, Krassen Stanchev, founder of the Institute for Market Economics said for bTV.

He stated that the rise in taxes is in response to the expectations of creditors for the country to pay off the loan taken out. In his words “around 2.5 million Bulgarians are feeding 3.5 million, and themselves”. Around 0.9% of the GDP is envisaged for the private sector which is 2.5 times less than the money for pensioners, Krassen Stanchev said. 



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

A Kilogram of Kindness collects food for people in need

The Bulgarian Food Bank’s Kilogram of Kindness food drive, is collecting food for the needy for the 12th consecutive time. Four to seven tons of food with a longer shelf lifeis expected to be collected – such as rice, lentils,..

published on 11/30/24 4:44 PM

Eurobarometer: Bulgarians’ trust in the EU is a little over the average for the Union

A Eurobarometer survey has registered the highest level of trust in the European Union since 2007 and the highest level of support ever for the common currency, the euro, both in the EU as a whole (74%) and in the euro area (81%). In Bulgaria,..

published on 11/30/24 4:30 PM

Children and their parents make toys for the Christmas decoration of Sofia

Despite the bad weather, dozens of children and their parents took part in an initiative for making toys for the Christmas decoration of the capital city. At the initiative of Sofia municipality, a workshop was put up in the square in front of..

published on 11/30/24 3:46 PM