Half of the annual income of every Bulgarian is returned to the treasury as a personal tax burden. This is what calculations of economists from the Institute for Market Economics show. Tax and social security burden of every working Bulgarian reaches 45 percent of what they earn working, experts say. Add municipal taxes to that and the percentage becomes close to 50%. The heaviest burden comes from insurance, VAT and excise duty.
On Friday, the minimum temperatures in Bulgaria will be from 6 to 11°C, in Sofia – 7°C. During the day, it will be cloudy over most of the country. In the afternoon, rain will begin in Western Bulgaria, in the mountains above 2,000 meters - snow, and..
The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the Embassy of Bulgaria in Pretoria announced on its Facebook page. “We express our gratitude to the..
Two more F-16 Block 70 aircraft are expected to arrive in Bulgaria very soon. This was announced by the commander of the Air Force, Major General Nikolay Rusev, in front of journalists. So far, Bulgaria has received four F-16 Block 70 aircraft..
Bulgaria, Greece and Romania have finalized a memorandum for joint cooperation on new transport projects, said European Commissioner for..
Suspicions of large-scale fraud with EU funds in a project to build a mussel farm in the Black Sea – southeast of Cape Emine in the..
Russia’s Deputy Minister of Foreign Affairs Alexander Grushko stated that Moscow has not held talks regarding a possible overflight of President..
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Partly cloudy, chance of rain