Experts say the cure for the region’s energy woes lies in price rises, market liberalization and the adoption of common approaches but governments don’t get it
Bulgaria has delayed plans to levy a tax on plastic shopping bags, aimed at reducing plastic waste, on fears that the tax would burden businesses too much during the global financial crisis.
An International Monetary Fund mission commented on Monday economic situation in Bulgaria, underlining the necessity to continue tight fiscal policy, and to slow wages increases in order to “deal with the challenges” created by Global Financial Crisis.
Macedonia, Bulgaria and Albania – the three states through which the long-anticipated eight Trans-European corridor is set to pass, have said that work on its completion should become more intense.
Bulgaria loses some 1.5 billion levs (€769 million) a year from tax evasion at the labour market as nearly half of its people are employed unofficially in the “grey economy,” a study shows.