Tag: Bulgaria
Inflation in Bulgaria is at a 15-month low of 10.1%
According to figures from the National Statistical Institute, consumer price inflation in Bulgaria decreased for the fifth consecutive month in May but remained high.
Slower...
Bulgarian inflation falls to 14.0%, the lowest level in a year
In March 2023, the monthly inflation rate, measured by the Consumer Price Index (CPI), was 0.5% compared to the previous month, and the annual inflation...
German tourists to Bulgaria are becoming more and more popular
Bulgaria ranks fifth in the German publication "Express"'s list of this year's most affordable summer vacation destinations. In the newspaper, it says:
"The Balkan nation...
Bulgaria has the lowest average hourly labor expenses in the EU,...
In 2022, the average hourly labour costs in the whole economy (see methodological note) were estimated to be €30.5 in the EU and €34.3 in the euro area, up...
Bulgaria to remove golden visa program
Bulgaria is removing the ‘’golden visa’’ that enables foreign people to acquire citizenship and the right to reside in return for their investments.
The citizenship...
How to Get Refund of VAT Paid in Turkey?
I have a refund regarding transportation activities:
- If your domicile, workplace, legal center and work center is not located in Turkey,
- If you are...
What is Organization of the Black Sea Economic Cooperation?
Members: Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Hellenic Republic, Moldova, Romania, Russian Federation, Serbia, Turkey, Ukraine.
On 25 June 1992, the Heads of State and Government of...
Euro Area and EU28 Government Deficit at 1.5% And 1.7% of...
In 2016, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2015. In...
Investment Legislation
Turkey’s investment legislation is simple and complies with international standards, while it offers equal treatment for all investors. The backbone of the investment legislation...
