Progressive income taxation allows a country's resources to be shared more successfully with society. The 10% flat tax has played its role in shedding light on incomes, but it's time to replace it, Kristalina Georgieva, managing director of the International Monetary Fund, told BTA.
Speaking about the expectations for Bulgaria's entry into the Eurozone, she said that despite the upcoming elections, when there is unity between the main political forces, the goal can be achieved and this chance should not be missed.
"Bulgaria, like the rest of the world, has made the fight against inflation a priority and has achieved quite a lot. Inflation continues to fall and we expect to see it by the end of the year in the range of around 3 percent. "Sofia has a way to meet the requirements for entering the Eurozone," Georgieva added.
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said Prof. Dr. Bozhidar Ivanov, Director of the Institute of Agrarian Economics at an international..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
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