Economies

BNS: Real budget revision most likely in November, current one just window dressing

The real budget revision will be probably carried out in November, considering the evolution of certain spending categories, the National Trade Union Bloc (BNS) said in a statement; the union organization cautions that shifting the budgetary pressure to the last two months of the year means an unjustified postponement that is dangerous for budgetary stability.

ENFIA cut for all comes closer

The Finance Ministry is considering the abolition of an amendment introduced by the previous government for a 10 percent average reduction of the Single Property Tax (ENFIA), the cost of which is estimated at 265 million euros, without ruling out New Democracy's own program on property taxation as of this year.

Bulgaria Ranks 5th Among the 28 Member States of the EU on Economic Growth

Bulgaria ranks fifth among the 28 member states of the European Union on economic growth.

In the first quarter of this year, GDP growth was 1.2%. Before our country is Croatia, whose economy grew by 1.8% in the same period, followed by Hungary and Poland by 1.5% and Romania by 1.3%.

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