Economic and fiscal policy

Author: Iliyan Koychev Real estate is a favorite investment asset of Bulgarians, and in the long term, a potential change in this attitude is unlikely. The real estate market is developing rapidly and in large Bulgarian cities such as Sofia, Plovdiv and Varna, the asking prices (regardless of whether for purchase and sale or for rent) are …

As is well known, as long as there is someone reading: 1. Taxes are on average 50% of the income of an individual or household, everyone can check the individual picture at kolkodavam.bg; 2. There is money for airplanes and everything else, but there are also irrational budget expenditures of 0.5-1% of GDP...

Without even waiting for three months to pass since the last rejection of this bill, the Ministry of Finance this week again introduced a proposal to tighten the limit on the maximum amount of cash payments from 10,000 to 5,000 leva. And of course, the same song is being sung again - ...

In 2013, GERB introduced one of the most dangerous and illogical taxes – the “interest tax”. The introduction of this tax was also strange from a purely political point of view, because at least in theory, a right-wing party should do everything possible to reduce the tax burden on households and businesses. In 2014 …

Dear readers, EKIP presents to your attention a modern Bulgarian translation of "New Economic Policy" - a speech by Vladimir Ilyich Lenin, delivered before the second All-Russian Congress of Political Educators in the USSR in 1921 - a text from which we can learn a lot about the true nature of the communist socio-economic system and its catastrophic consequences, ...

By John McDermott, MEL Magazine A few weeks ago, researchers at the University of Washington published a new study that found Seattle’s attempts to improve the economic prospects of the city’s working class have backfired. Seattle is one of many U.S. cities that are gradually raising the minimum wage to $15 an hour in …

Authors: Georgi Vuldzhev, Emil Valkov This commentary is an analysis of the government's programs in the field of economy, energy, transport and tourism for the period 2017-2021, published on 02.08.2017 on the website of the Council of Ministers here. Economy: (Georgi Vuldzhev) The first priority in the government program in the "economy" sector is the removal of the administrative burden for business ...

In nearly 4,000 words, the left-wing magazine Politico attempted to push the old media mantra that Colorado Springs epitomizes the failures of right-wing politics and running the state like a business. The article, “The Short, Miserable Life of a Libertarian Paradise,” examines the city’s resilience during the Great …

Author: Miroslav Mollov With the amendments to the Cash Payments Restriction Act adopted at first reading, it was proposed that the regulated threshold for cash payment restrictions in the country be reduced from BGN 10,000 in stages to BGN 5,000 from 01.08.2017, from BGN 5,000 to BGN 3,000 from 01.01.2018, and …

Author: Teodor Karakolev The topic of funding culture was briefly relevant before the elections, but quickly dropped from the agenda after the populist positives were reaped. The main comments revolved around “increasing money for culture” – as, in fact, in every sphere. (Almost) every minister you ask …