Perspectives of Political Leaders on the Security, Sovereignty, and Strategic Evolution of Bulgaria's 20 Years in NATO
Two decades ago, Bulgaria embarked on a transformative journey by joining the North Atlantic Treaty Organization (NATO)
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgaria has made very limited progress on reforms in the economy and this has led to weak investor interest in your country. Such an opinion expressed to Darik news the American economist, Prof. Steve Hanke.
''State administration reforms are needed, as well as the removal of some rules for regulation'', Professor Steve Hanke said.
"Bulgaria has a low flat tax and that's great, it's one of your good advantages as a country, and if you look at the World Bank's analysis, you'll see that the bank's experts are finding a tax problem, the flat tax is just one tax, but if you want to register a medium-sized business in Bulgaria, it takes 453 hours a year, in Central Asia and elsewhere in Europe, registration takes about 250 hours, saving time. The bureaucratic administration system for taxes in Bulgaria is a nightmare. It makes you unattractive country, ", Hanke added.
The American economist is convinced that the expected recession in the Eurozone will have a negative impact on the Bulgarian economy.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
As Bulgaria inches closer to joining the Eurozone, concerns arise over the implementation of rounded prices in euros, potentially impacting citizens' wallets upon adoption of the single currency
On a briefing held at the National Press Club of BTA, Nikola Ilchev, the creator and organizer of the Balkan eCommerce Summit, showed projections indicating a significant rise in Bulgaria's e-commerce sector
The Ministry of Finance in Bulgaria has revealed that the process to facilitate the exchange of levs with euros in the country will come with a hefty price tag, estimated to be at least BGN 500 million
As Bulgaria steers towards adopting the euro, economists dispel concerns over potential price increases, assuring the public that the impact on inflation will be minimal
The Ministry of Finance has released a draft law for public discussion concerning the adoption of the euro in Bulgaria. The primary aim of the proposal is to ensure a smooth and transparent transition to the European currency
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022