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Progressive Tax Hidden in Levies
Economy
Progressive Tax Hidden in Levies
In its program statement, the government announced its intention to increase the progressivity of personal taxation. In the budget plan, it already speaks specifically of the intention to \"introduce 3rd and 4th personal income tax rates from 2025,\" which is expected to increase public revenues by EUR 78 million. A 3rd rate of 30% is to apply to annual personal income above EUR 80 000.
Every STEM Should Have Woman Lining
Society
Every STEM Should Have Woman Lining
The EU recently adopted a directive to tackle the gender pay gap by introducing new bureaucratic obligations for employers. Similarly, the EU is pushing on other issues in the fight for gender equality, for example in the area of the low proportion of women in STEM (science, technology, engineering, and mathematics) subjects, which reaches 33%. Consequently, women make up the same proportion (33%) of employees in technical sectors.
Bulgaria Is Already Rich According to World Bank – Now What?
Economy
Bulgaria Is Already Rich According to World Bank – Now What?
Earlier this month, it became clear that the World Bank has classified Bulgaria as a high-income country. This news is an important reflection of the long-term growth trajectory and catching-up process of the developed countries, particularly those in the European Union. Still, it is far from meaning that Bulgaria already has a guaranteed spot in the rich countries club and does not have any difficult problems to solve.
Economic Cost of Homophobia in Bulgaria
Economy
Economic Cost of Homophobia in Bulgaria
Bulgaria loses between 2.4 and 4.9 billion USD of additional GDP per year due to discrimination against LGBTI+ people, as estimated in a report[1] by the Institute for Market Economics (IME). Bulgaria\'s GDP could be 2.5% to 5% higher were there to be full acceptance and equality for LGBTI+ people, according to an estimate by IME based on the 2023 data.
Еuro Оutlook: What Is Next for Bulgaria
Economy
Еuro Оutlook: What Is Next for Bulgaria
In the past weeks, the convergence reports of the European Commission and the European Central Bank were published. The result for Bulgaria is expected - the inflation rate is higher than the reference value and therefore the country does not meet this Eurozone membership criterion. In practice, this puts an end to the question of whether the country can adopt the euro on 1 January 2025 - no, there is no such possibility.
Regulations Are Capping Our Freedoms
Economy
Regulations Are Capping Our Freedoms
Regulations are suffocating our freedoms, interfering with our lives, livelihoods, and comforts. Freedoms should be the priority of decision makers, but even the most basic freedoms such as those of trade and movement, vitally important principles in the EU, were set aside on the pretext of the COVID-19 pandemic.
Society of Myths
Society
Society of Myths
\"In what myth does a man live nowadays? (...) What is your myth – the myth in which you do live?\" – once asked Carl Jung. The answer that I/we live in a story probably would not satisfy the master, but... for now, I have no other. They lead us through life from event to event, interweaving between what is important to us, edifying or ruinous; between moments when we wonder who and what we are for; when we choose the direction we decide to go.
Freedom Games 2024: Introducing Our New Speakers
Think Tank News
Freedom Games 2024: Introducing Our New Speakers
The festival of ideas is approaching, and our list of speakers continues to grow. The eleventh edition of Freedom Games will be held on October 18-20 at EC1 Lodz, under the theme \"City. Europe. Future\"! This year\'s edition will take us on a journey toward a better tomorrow, exploring the importance of cities in the context of Europe\'s future.
Heartless Liberalism
Politics
Heartless Liberalism
More and more people claim that liberalism has lost its power and influence over people. It has become entangled in futile discussions, whereas it should set the tone and provide solutions to our current challenges. As a result, it has betrayed the trust of people who see neither the courage of thought nor the consistency of action. How can this situation be changed?