No Tax Hikes as Bulgaria Aims to Meet Eurozone Criteria, Says PM Zhelyazkov
The ruling coalition in Bulgaria has decided not to increase taxes or social security contributions while preparing this year's budget
Bulgaria's Finance Ministry will present a report on the draft budget for 2015 and forecasts for 2016-2017 to the parliamentary budget committee.
The deadline for presenting the report expired on October 31, but due to the early elections, it was postponed.
According to media reports, the draft budget includes 1% GDP growth, deficit below 3% of Bulgaria's GDP and inflation between 1.1 and 1.8%.
Also on Tuesday Parliament will discuss the 2014 budget update at second reading.
Bulgaria has the lowest minimum wage among the European Union member states as of January 2025, standing at 551 euros
Since being created as a joke cryptocurrency , Dogecoin has become a popular cryptocurrency with an active community of developers, traders, and investors.
Economists have urged Bulgaria’s leadership to submit an application to the European Commission and the European Central Bank for an extraordinary convergence report on joining the eurozone
Representatives of Bulgaria’s ruling coalition have once again highlighted a significant deficit in the state budget, with Stanislav Balabanov from "There Is Such a People" (TISP) stating that 2025 will be a transitional year regarding the eurozone
Valeri Belchev, former acting Minister of Finance, recently expressed strong concerns about Bulgaria's financial management, particularly focusing on the lack of proper budget management tools
Kalin Hristov, former deputy governor of the Bulgarian National Bank and former finance minister, expressed concern over the public discourse on key economic issues
Bulgaria's Perperikon: A European Counterpart to Peru's Machu Picchu
Bulgarians Among EU's Least Frequent Vacationers, Struggling with Affordability