All News on Social Issues in Bulgaria
Bulgaria Records Negative Budget Balance in February - Stat
As of end-February Bulgaria's budget balance is negative, amounting to BGN 688.2M, according to the official data released by the Financial Ministry.
Compared to the same period of the previous year there is an improvement in the Consolidated Fiscal Program (CFP) budget balance by BGN 43.8M, or 0.1% of the projected GDP.
Bulgaria's Tax Revenue Lower Than Last Year's
The tax revenues in Bulgaria in the first two months of 2014 are by BGN 12 M less, compared to the same period of 2013.
The main reason are the lower VAT revenues and the increased capital, social and health spending. The budget deficit for January and February 2014 is BGN 688 M.
Compared to the same period in 2013, however, the deficit is by BGN 43.8 M smaller.
Court Releases One Arrested for US Card Fraud, Other Stays Locked Up
One of the two Bulgarians arrested in Bulgaria for card fraud in the US, remains in custody, the other is released under home arrest, ruled the Sofia City Court.
Mihail Petrov was released because he suffers from cerebral palsy and has clean police record, while Radoslav Pavlov is in good health and, though he also has clean record, will remain in custody for at least 60 days.
Bulgarian Statistical Institute Riven by Scandal over 2011Census Data
Ivan Balev, head of the Demographic and Social Statistics unit of Bulgaria's National Statistical Institute (NSI), has insisted that the 2011 census was deeply flawed.
Balev, as cited by Darik radio, claimed that the shortcomings of the 2011 census were due to mistakes of census workers and statisticians.
Bulgarian Experts Warn of Food Price Hikes
There is an increased risk of drastic food price hikes in Bulgaria because of Government's actions against the modern retail chains.
According to Yordan Mateev, executive director of the Modern Retail Association, the draft amendments to the Competition Protection Act would affect not only the retail sector, but all business activities.