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.
The truck traffic on the Maritsa highway to the Kapitan Andreevo border crossing at the Bulgarian-Turkish border is now normalized. "As of this morning, there are no more queues of trucks standing on the roadway waiting to cross the border," assured..
At the request of the European Public Prosecutor's Office, searches have been carried out in Sofia, Burgas, Petrich and Rila in connection with an investigation into alleged fraud with EU funds in the restoration of a church. In 2017, a public tender..
One million and eight hundred Bulgarian citizens travelled as tourists during the third quarter of the year, National Statistical Institute data show. 72.3% of them travelled inside the country, 20.8% travelled abroad and 6.9% - both inside Bulgaria..
According to an analysis by the Electricity System Operator, a shortage of electricity is expected as early as January and February next year. At a..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
77 per cent of those employed in Bulgaria's secondary education system are ready to go out on strike demanding a pay rise in the sector, according to a..
Mostly Cloudy
Partly cloudy, chance of rain
Partly Cloudy
Partly cloudy, chance of snow