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Government debt as a percent of GDP in EU in 2012. Bulgaria has one of the lowest rates of Debt-to-GDP ratio. As of 1 January 2008 the income tax for all citizens is set to a flat rate of 10%. This flat tax is one of the lowest income rates in the world and the lowest income rate in the European Union. [144]
Dissatisfied with gains from the First Balkan War, Bulgaria attacked former allies Serbia and Greece; Attacks repulsed by Greece and Serbia, whose armies enter Bulgaria; Romanian and Ottoman intervention forced Bulgaria to ask for armistice; Bulgarian territorial cessations in Treaty of Bucharest and Treaty of Constantinople; World War I (1914 ...
Although divided by deep ideological and political differences, the three parties were united by a major goal: accomplishing the reforms necessary for joining the European Union in 2007. But ineffective administration and high-level corruption remained serious problems that was limiting the entrance of foreign businesses and entrepreneurs in ...
Bulgaria recognized the independence of Georgia on January 15, 1992. Diplomatic relations between both countries were established on June 5, 1992. Bulgaria has an embassy in Tbilisi and Georgia has an embassy in Sofia. Both countries are full members of the BSCE and COE. Bulgaria is a member of the EU, which Georgia applied for in 2022.
The history of Bulgaria can be traced from the first settlements on the lands of modern Bulgaria to its formation as a nation-state, and includes the history of the Bulgarian people and their origin. The earliest evidence of hominid occupation discovered in what is today Bulgaria date from at least 1.4 million years ago. [1]
The opposition and foreign observers had cast the election as a watershed moment that would decide if Georgia moves closer to Europe or leans back towards Russia amid the war in Ukraine.
By the end of the 1st century AD, Roman governance was established over the entire Balkan Peninsula and Christianity began spreading in the region around the 4th century. [30] The Gothic Bible—the first Germanic language book—was created by Gothic bishop Ulfilas in what is today northern Bulgaria around 381. [37]
Flags of NATO, Bulgaria, European Union at the Military club of Plovdiv, Bulgaria. After the fall of communism in Eastern Europe in 1989, Bulgaria sought economic cooperative arrangements with Germany, Italy, France, Portugal, and Spain, as well as military cooperation with Romania, Greece, and Turkey. A start was made on easing tensions with ...