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

Bulgarians abroad will be able to vote in 720 polling stations

The deadline for submitting advance applications to vote abroad for the upcoming early parliamentary elections on October 27 has expired. It is expected that about 720 polling stations will be opened outside Bulgaria , and the exact number will be..

published on 10/2/24 3:25 PM
Caretaker Minister of Internal Affairs Atanas Ilkov and Deputy Minister of Foreign Affairs Elena Shekerletova at a briefing in the Council of Ministers building, October 2, 2024.

Measures of state institutions after the escalation in the Middle East

We firmly condemn Iran's continued missile strikes against Israel, we support the regional stability and security of the State of Israel, says a position of the Bulgarian Ministry of Foreign Affairs uploaded on the X network. Due to the tension..

published on 10/2/24 1:41 PM
Израелски въздушни удари в Южен Ливан, 01 октомври 2024 г.

David Avishai from Israel: Tel Aviv acted in Gaza and Lebanon for good reason

With two flights of the government Airbus in two days, the Bulgarian state managed to evacuate 169 Bulgarians and their families from Lebanon after the escalation of tensions there. "Thank God we're back, " says one of the Bulgarians with..

published on 10/2/24 12:33 PM