"Economic Policy Review" Bulletin ISSN 1313 - 0544

Shall we grow or not?

Svetla Kostadinova / 27.06.2007
The question of whether the social security contributions will be lowered should have been solved during June. In the government budget law for 2007 it is written: “After June 15th 2007, The Council of Ministers, if there is fiscal ability, should propose to the National Assembly the appropriate changes in the law in order to reduce the contributions in the Pension fund with 3%, starting July 1st, 2007”.

Tax Freedom Day in Bulgaria

Petar Ganev, Adriana Mladenova / 27.06.2007
29th May is the Tax Freedom Day in Bulgaria in 2007. Calculation made by IME show that at this date citizens stop working for the government and start working for themselves. Tax Freedom Day is the first day of the year in which the government theoretically earned enough income to cover budgetary revenues in 2007.

Methodology for the Regulation of Designers’ Services! What is that?

Metodi Metodiev / 27.06.2007
One of the debatable topics in the media during the last week was the theme for the regulation of designers’ services. It became clear that a new methodology for the setting of remunerations will be introduced in September. The new methodology will replace the existing minimum prices for designers’ services. What does this mean?

Make Love, Not Politics

Metodi Lazarov / 27.06.2007
The government approved the national plan for demographic development which is largely based on the respective strategy of the demographic processes in Bulgaria for the period 2006-2020, prepared by the Ministry of Labour and Social Policy.

GDP During The First Quarter Of 2007

Dimitar Chobanov / 27.06.2007
Lately the National Statistical Institute (NSI) released preliminary data about the gross domestic product (GDP) and its components for the first quarter of 2007. The tendency for real growth above 6% continues and this signifies a stable pattern of economic development for Bulgaria.

Energy Liberalization?

Adriana Mladenova / 27.06.2007
1st of July 2007 is an emblematic date for the European Union, in particular for Bulgaria, because this is the official date of liberalization of the energy market in the EU. This means that the private consumers, not only industrial ones, will have the possibility to buy electric power and heat supply from foreign suppliers and to negotiate the conditions of their contracts.