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In recent weeks, the most current political and economic topic in the country has been the numerous proposals to abolish VAT, which seem to be pouring in from absolutely all sides of the political spectrum in the Bulgarian parliament. After the initial proposal, which came from the DPS, alternative ideas for abolishing the value-added tax have also appeared in …

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Highlights: - Construction production falls in December, but it is still early to talk about a reversal of the strong upward trend in the sector - Inflation also slows, both in consumer and manufactured goods, but remains high - Lending accelerates slightly, with housing lending growing at the fastest pace towards …

Author: Steven Horwitz, FEE.org Even the smartest economists can make the simplest mistake. Two contemporary books – “Violence and Social Order” by Douglas North, Barry Weigast, and John Joseph Wallis (not to be confused with John Wallis, a 17th-century mathematician) and “Why Nations Fail” by Daron Acemoglu and …

Six years after the collapse of Lehman Brothers, the UK is one of the few developed economies to have managed to regain its pre-crisis level of output (measured by gross domestic product) and is even expected to be the fastest-growing economy among the G7 countries this year. In the third quarter …