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.
Bulgargaz expects the price of natural gas next month to be 5 to 6% lower as compared to April. During an open meeting at the Energy and Water Regulatory Commission, the initially proposed price of EUR29.12 per megawatt-hour was reduced to EUR28.36. The..
200 million Leva (over EUR 102 million) of new debt is expected to be taken out on 13 May this year, according to the Bulgarian National Bank website. This is the date on which an auction has been announced for 6-month treasury bonds with an annual..
Fitch Ratings has affirmed Bulgaria's long-term foreign-currency Issuer Default Rating (IDR) at 'BBB' with a positive outlook. Bulgaria intends to request a reassessment of its progress on convergence criteria in 2H24, which should allow for..
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