Rates

Immigration is a topic that is sure to animate any political discussion and campaign. Unmanaged it risks elevating the extreme right to positions of power. And yet the flip side of all this is an enormous opportunity to boost Western liberal democracy and infuse it with the dynamism it now lacks.

The Finance Ministry and the tax administration are looking for solutions so that professionals stop hiding their actual incomes - i.e. taxable material - through fictitious expenses. 

Women in Europe are giving birth to their first child later than before: according to the European statistics agency Eurostat, the average age of first-time mothers in the European Union was 29.7 years in 2021, reported the "Frankfurter Rundschau". Statistics place Bulgarian women among the youngest mothers - the average age when they have their first child is 26.

Turkey's external assets reached $288.1 billion in February, down 1.6 percent from the end of 2021, according to data released by the Turkish Central Bank yesterday.

Liabilities against non-residents fell 2 percent to $512.1 billion during the same period.

An expert projects that the share of the elderly population in Turkey's total population will reach the same level in Europe in 2060 given the current trajectory of the fertility rate in the country.

The fertility rate represents the ratio between the average number of live births in a year and the number that a woman would have during her childbearing years - the 15-49 age group.

Annual rates in US

The scenario concerning the postponement of reforms to the real estate market's taxation system is back on the table. Given that the coronavirus pandemic has locked down economic activity and reduced property transfers to a bare minimum, the argument that it is impossible to make correct valuations of property values is increasingly gaining ground.

Turkey's total fertility rate, the average number of live births that a woman gives, fell to 1.88 per woman in 2019, according to data released by the Turkish Statistical Institute (TÜİK).

"While the total fertility rate was 1.99 children in 2018, it was 2.07 children in 2017. This showed that fertility remained below the population's replacement level of 2.10," TÜİK stated.

The contracts concluded for the provision of services or for the utility supply can be expressed only in lei, if both the issuers and the recipients are Romanian residents, stipulates a legislative proposal initiated by Social Democratic Party (PSD) Senator Daniel Zamfir. "As promised, I submitted the draft law on contracts and payment of invoices on Romania's territory.

Tax rates for conventional property rental revenues are set for an adjustment, provided the Finance Ministry makes a calculation of the cost of its interventions for the next few years. At the focus of attention is the medium bracket of incomes that incurs a particularly high tax rate of 35 percent.