Macroeconomic Monitor
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municipal administration

As we expected: Tax hikes in municipalities

The newspaper "Sega" reports in its article that from 2017, a number of municipalities with financial difficulties will resort to raising taxes and fees. 36 municipalities are named, including Pernik, where the property acquisition tax is rising from 2% to 2.5%, Kardzhali with a plan to collect an additional 3.3 million ...

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Urban planning

Cities are where we can witness many of the problems that arise from poorly defined or poorly enforced property rights – most notably in the form of numerous negative externalities. The topic includes the often-discussed issue of road ownership (for example), but here we will …

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