Bulgaria is among the most dynamic and promising economies in Southeastern Europe, said Prime Minister Rosen Zhelyazkov. He participated in a luncheon roundtable discussion in New York organized by the Delphi Economic Forum and the Business Council for International Understanding (BCIU), the government press service reported.
During the event, Premier Zhelyazkov highlighted the country’s advantages as an investment destination. Membership in the EU and NATO, as well as accession to the Schengen Area and the Eurozone, guarantee stability and predictability. Located at the crossroads between Europe and Asia, the country offers access to over 500 million EU consumers and 1.3 billion customers in nearby regions, Bulgaria’s Prime Minister emphasized.
He described the Bulgarian tax system as one of the most attractive in Europe — with a 10% flat corporate income tax and a 10% flat personal income tax. Rosen Zhelyazkov also highlighted the development of a national network of industrial zones.
Edited by Ivo IvanovPublished and translated by Kostadin Atanasov
Photo: government.bg
In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. The measures include: reducing the municipal administration by merging municipalities;..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer Allianz Trade, BTA reports. According to Allianz this means that the Bulgarian economy will become..
Mostly Cloudy
Partly Cloudy
Cloudy