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%.
It will be cold with minimum temperatures between minus 14°C and minus 9°C, in places in the northeastern regions up to minus 16°C, for Sofia - around minus 9°C. On Sunday it will be mostly sunny. Before noon in some places in the plains and..
Relatives of patients suffering from rare diseases organized a march in Sofia on the occasion of the World Day of Rare Diseases. They call on the state to develop a National Plan for people with rare diseases. The march was attended by relatives and..
The government strongly condemned the desecration of the European Commission building in Bulgaria in a Facebook post. "Attacks against institutions, whether national or European, are unacceptable and contradict the principles of the rule of law...
The patriots from Vazrazhdane parliamentary party and civil organizations against Bulgaria's accession to the Eurozone have announced a protest for today...
In Plovdiv, experts discuss issues of the food industry, in accordance with the most up-to-date requirements of the Bulgarian and European regulatory..
Out of all politicians in this country, President Rumen Radev enjoys the highest approval rating – 46.7% , followed by Prime Minister Rosen Zhelyazkov..
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