Bulgaria Flashcards

Question

Value added tax

Answer 1

20% Bulgaria, second lowest - steady taxes, no change over the years Romania 19% Hungary 27% Greece 24%

Answer 2

19. 06 - 19.02% Bulgaria, third lowest | - steady taxes, just 0.04 % change

Answer 3

Bulgaria: Bulgaria: Rank: 106/ 144 Score: 3.1 Romania: Rank: 121 / 144 Score: 2.8 Greece: Rank: 55 / 144 Score: 4.3 Hungary: Rank: 58 / 144 Score: 4.2 Bulgaria consists of 8 highways, which four of them are fully completed. (1. The longest highway is A2, it is from the capital, Sofia to the city Varna. The highways are divided in the capital letter A and a number such as A1 is called Trakija, this highway is connected from the Serbian border until the city of Burgas

Answer 4

Bulgaria: Rank: 51 / 144 Score: 3.0 Romania: Rank: 59 / 144 Score: 2.9 Greece: Rank: 57 / 144 Score: 2.9 Hungary: Rank: 38 / 144 Score: 3.8 Bulgaria: Bulgaria’s train network consists of 4000km of rail track, the main train station is in the Capital, Sofia. In the main train station, it has connection to Romania, Hungary, Greece, Turkey and Serbia. - Romania has good connection with rest of Europe

Answer 5

Bulgaria: Rank: 69 / 144 Score: 4.3 Romania: Rank: 105 / 144 Score: 3.6 Greece: Rank: 40 / 144 Score: 5.2 Hungary: Rank: 81 / 144 Score: 4.1 In Burgas airport, it is non-stop passenger flights to 53 destinations in 20 countries. The longest direct flight from Burgas is to Dublin, capital of Ireland. - Bulgaria has 4 main airports

Answer 6

Bulgaria's main sea ports: Burgas and Varna - second best Bulgaria: Rank: 68 / 144 Score 4.2 Romania: Rank: 104 / 144 Score: 3. 4 Greece: Rank: 49 / 144 Score: 4.7 Hungary: Rank: 85 / 144 Score: 3.8

Answer 7

EU; 89% Bulgaria lowest of compared countries ; 67%

Answer 8

Bulgaria, second lowest across EU (good) Bulgaria has some of the lowest diesel prices in Europe with a total cost of 0.84 euros per litre. The product itself costing 0.37, tariffs at 0.33 and Value added tax at 0.14.

Answer 9

Bulgaria, second lowest across EU (good) It also has some of the lowest gasoline prices with a total cost of 0.84 euros per litre, the product at 0.34, tariffs at 0.36 and value added tax at 0.14. A great country to start a business as it offers low transport costs

Answer 10

Compared to the EU, it is lower than the EU average.

Answer 11

One of the lowest costs in the region, beaten by just a few countries.

Answer 12

2020 - 0.0191

Answer 13

2020 - 0.0833

Answer 14

17.1% Increased a lot during the years. Main types: 2019 Solar PV 1405.0 GWh Hydro 3383.0 Gwh Wind 1317GWh good, in the middle; still space for improvement !

Answer 15

Romania; 23.4% Hungary; 14.3% - lower Greece; 16.1% - lower

Answer 16

OECD Average 487 - reading 489 - math 489 - Science Bulgaria 420 - R 436 - M 424 - S

Answer 17

Romania 428 - Reading 430 - Math 426 - Science Greece 457 - R 451 - M 452 - S Hungary 476 - R 481 - M 481 - S

Answer 18

Bulgarian: 97% English: 12% room for improvement

Answer 19

EU: business +; 34 math +; 11 Bulgaria: business +; 49 math +; 6

Answer 20

Bulgaria: +62% since 2014 Europe: +23% since 2014 Eastern Europe +13% since 2014 We can say that the levels of FDI flow has fluctuated throughout the period, but that there is a trend of growth.

Answer 21

Exports: 1 - Petroleum oils and oils obtained from bituminous. (7.4%) 2 - Medicaments consisting of mixed or unmixed. (3.1%) 3 - Copper, refined, and copper alloys, unwrought. (2,9%)

Answer 22

Imports: 1 - Petroleum oils and oils obtained from bituminous (8.3%) 2 - Medicaments consisting of mixed or unmixed (3.3%) 3 -Copper ores and concentrates (3,2%)

Answer 23

Metallurgical Chemical Machine Building

Answer 24

State Aid - Stimulate national and foreign business Incentives include: Budget -> 900 million Euros for aid in 2020 A cash refund -> up to 50% for the cost of assets Enterprises of any size are eligible as long as there is a minimum investment of 1 million Euros

Answer 25

Bulgaria Corporate Income Tax Act (CITA) - 0% corporate income tax for business. Requirements include: Enterprise establishment -> unemployment rate +25% +10 people need to be employed Perform manufacturing activities.