IMF Concludes Regular Mission in Bulgaria, Recommends Restoring VAT to Pre-Pandemic Levels
The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria is the most vulnerable country to Russian influence in Central and Eastern Europe, showed data from a survey of the Centre for the Study of Democracy, carried out in 5 countries – Bulgaria, Serbia, Latvia, Hungary and Slovakia.
The most significant imprint of Russian influence on Bulgaria’s economy is energy dependence, reckon experts.
It is impossible to estimate the percentage of economic dependence on Russia due to the network of hollow firms and offshore accounts.
In spite of this, at least 22% of Bulgaria’s economy is dependent on Russia, especially energy-wise, commented economist Ruslan Stefanov.
“The price of Russian natural gas is at least 25% higher for Bulgaria than it is, compared to countries like Germany. The reason is that we have no alternatives. In spite of this, there must be proceeds from the transit of gas: What is being done with the proceeds from the transit of this gas? For example, up to the moment, Bulgaria has received about 100 million every year,” said Stefanov.
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I feel no moral guilt towards anyone. This was stated by Kiril Petkov, answering a question whether he would apologize to the Bulgarian people for violating the Constitution.
Head of the Military Medical Academy (MMA) Major General Prof.
The Ministry of Finance has revised its autumn forecast for economic development.
Bulgarian police arrested a Russian citizen and two Lithuanians on suspicion of exporting “sensitive information” from the Arsenal military plant in Kazanlak.
The government has changed its order requiring state-owned companies to pay a dividend to the budget.
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion