Borissov: 'We Did Everything We Could'
GERB leader Boyko Borissov expressed his perspective on the recent negotiations surrounding the formation of a government, highlighting the challenges and compromises faced during the process
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Bulgarians will work to pay their taxes until April 20 2012, according to the country's Institute for Market Economy.
The so-called "Tax Freedom Day" is a symbolic date when employees stop working for the State treasury and begin earning for themselves.
In 2011, Bulgarians will earn about BGN 223 M a day on average, meaning they need 111 days in order to make the BGN 24.8 B in revenues slated for the budget, the Institute's experts say.
Bulgaria usually welcomes its tax Freedom Day in May. The decrease in the number of days Bulgarians need in order to make the revenues does not mean that they have more freedom now, Institute for Market Economy analysts Peter Ganev has explained.
Fewer revenues are planned in the 2012 state budget and there will be a budget deficit. However, Bulgarians would still have to cover the budget deficit, sooner or later.
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