The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury.
This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to him, there are big differences only in moments of crisis. "This is a measure of the total tax and social security burden in a country. This shows that Bulgaria is far from being some kind of tax or offshore paradise. We are not a country where the taxes are small. If you add up everything paid by business entities, citizens, property owners, everyone who carries out some kind of activity in the country, in fact a considerable burden is revealed, which is certainly more than 1/3 of what we create", Bogdanov said.
The two most sought-after currencies by Bulgarians in 2024 remain the US dollar and the euro, just as in 2023. The Turkish lira, the Romanian leu and the Serbian dinar were also very popular, followed by the British pound and the Swiss franc. This was..
The overall business climate indicator in Bulgaria has increased in December by 1.7 points from 17 percent to 18.7% compared to November . An increase in the indicator was observed in the industry sector by 1.9 points, in retail trade by 5.7 points and..
The National Assembly postponed the discussion and voting of the most important fiscal law of the land – the national budget for 2025 – for next year. “If we do not have an approved budget by 19 January, then everything in the country will grind to a..
The Bulgarian National Bank (BNB) has posted, to its website, the answers to important questions connected with the adoption of the euro and the..
The euro area annual inflation rate was 2.5% in January 2025, up from 2.4% in December 2024. In Bulgaria, it accelerated more sharply in January to 3.8%..
89% of German investors in Bulgaria would choose Bulgaria again for their investments . This is indicated by a study by the German-Bulgarian Chamber of..
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