Weather In Bulgaria On March 29: Sunny Skies and Rising Temperatures Across The Country
Bulgaria is set to experience favorable weather conditions on March 29, with mostly sunny skies forecasted across the country
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Greece should follow the example set by neighbors Bulgaria and Albania and introduce a flat tax, according to Steve Forbes, 64-year-old publisher of the Forbes magazine-and-web empire.
"You take your neighboring countries like Albania and Bulgaria. They don't like to pay taxes there but several years ago they put in a 10 percent flat tax, very easy to collect, and those economies are growing," Forbes has commented on what he believes should be Greece's future tax policy.
"They haven't put in the pro-growth measures in Greece, much less real austerity in the government part so you get the worst of both worlds, an economy that's going under the tank," the former GOP presidential hopeful has added in an interview for Yahoo's The Daily Ticker blog.
According to Forbes, Europe is heading in the wrong direction on two fronts by allowing Greece to restructure its debts with private creditors in the manner it did, while doing nothing to foster growth needed to bring about more lasting recovery.
He believes that Greece's rescue fund will keep Europe afloat for so long, but without lasting reform, crises will return both in Greece and in other troubled countries like Portugal, Spain and Italy.
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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
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