Progressive income taxation allows a country's resources to be shared more successfully with society. The 10% flat tax has played its role in shedding light on incomes, but it's time to replace it, Kristalina Georgieva, managing director of the International Monetary Fund, told BTA.
Speaking about the expectations for Bulgaria's entry into the Eurozone, she said that despite the upcoming elections, when there is unity between the main political forces, the goal can be achieved and this chance should not be missed.
"Bulgaria, like the rest of the world, has made the fight against inflation a priority and has achieved quite a lot. Inflation continues to fall and we expect to see it by the end of the year in the range of around 3 percent. "Sofia has a way to meet the requirements for entering the Eurozone," Georgieva added.
A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..
A Japanese-Bulgarian business forum is being held in Sofia, organized jointly by the Japan External Trade Organization (JETRO ) and the Bulgaria Invest Agency . "I am leading a delegation of a hundred people, a fact that speaks volumes about..
EU energy ministers are meeting in Luxembourg to discuss the energy sector's contribution to the EU's competitiveness, wholesale electricity prices and winter preparedness. At the request of Greece, supported by Bulgaria, Romania and Croatia,..
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