Economic and fiscal policy

Author: Stefan Stoyanov It is widely believed that Bulgaria has the lowest taxes in the European Union. This perception is formed by comparing the rates, especially of Corporate Tax and Income Tax, with the corresponding rates in countries such as Germany or Denmark. But neither of these countries are representative of the entire European Union, …

This Friday (29.06) representatives of the GERB parliamentary group, led by Menda Stoyanova (who is also the chairwoman of the Budget and Finance Committee) submitted a bill to unify the excise tax on sticks for the newly emerged IQOS product for "smokeless smoking" and conventional cigarettes. The measure is surprising because it goes against …

The joint participation of state and private capital in economic initiatives has long been a familiar practice. The reasons and conditions under which it is implemented are different. Historical experience in Bulgaria shows that the results of such "cooperation" are questionable. However, this is not all. In fact, cooperation degenerates into mutual deception between private ...

In recent weeks, the main topics on which the EKIP made a number of appearances in the media were related to Bulgaria's potential entry into the Eurozone, the proposed bans on the advertising and distribution of lottery games, and the "Freedom for Hemp" protest march on the need to decriminalize marijuana in the country. Dimitar Karagegov, as the organizer of …

| Full text of the analysis | In recent months, the issue of the regulation of the gambling sector in Bulgaria, and more specifically lottery games, has emerged as an unexpectedly topical and hot topic in the public sphere. The specific reason for the rise of this topic were the proposals of the Deputy Prime Minister and leader of the Bulgarian National Federation of Gambling Associations, Valeri Simeonov, for the full …

Two weeks ago, the United Patriots deputies introduced a bill in the National Assembly aimed at restricting the sale and advertising of lottery tickets. It even went so far as to say that Bulgaria's Deputy Prime Minister for Economic Affairs called for the introduction of a VAT on lotteries - something that is widely known...

This is the opinion that our economist Nikola Filipov shared in the "Business Daily" program on "Evropa" TV: "It is not adequate to introduce changes to the laws in this way, from one day to the next, without any economic argumentation. This simply sends a lot of …

In recent months, lottery games and their fans have been under serious political attack by Deputy Prime Minister Valeri Simeonov and the extra-parliamentary opposition in the person of the Democratic Bulgaria union. A bill has already been submitted to the National Assembly, which includes two main proposals – to limit (especially television) lottery advertising …

This article is not for people who believe in the power of government and authorities to make decisions for a person and navigate their future and destiny. This article is for people who are not afraid to make mistakes, learn from them, and raise their children as their …

Author: Georgi Georgiev Companies in the European Union are expected to spend around 200 billion euros to bring their personal data processing and storage procedures into line with the General Data Protection Regulation (EU 2016/679). This is around 4 times the estimated GDP of Bulgaria for …