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.
August is not the best month for an election campaign and elections should not be held before the middle of September. This was what President Rumen Radev, who participated in the "Bank of the Year" awards ceremony, said. "I am..
The Sand Sculpture Festival takes place for the 17th summer in a row in the city of Burgas. It will open its doors to visitors on July 5. The "Marina Zmeeva" ballet school and the musicians from the Burgas Wind Orchestra will have a special..
From July 5 to 7, hundreds of high-speed enthusiasts from all over the country will participate in the latest edition of the National Motorcycle Festival Vratsa – Ledenika. The event will take place on the meadows near the Ledenika Cave. The official..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the..
The position Bulgaria is going to the NATO summit with indicates that Bulgaria could offer Ukraine EUR 80 million , caretaker PM Dimitar Glavchev told..
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