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Bulgaria’s Gold Standard [Shimmering Black Sea Reform]
ATR ^ | 2011-02-08 | Ben Wilterdink

Posted on 03/09/2011 2:28:21 PM PST by 92nina

Recently, the Heritage Foundation hosted Bulgaria’s Minister of Finance/Deputy Prime Minister to talk about some of the astounding reforms that have helped Bulgaria through the financial crisis. Dr. Djankov outlined the achievements and goals of Bulgaria since his self-described “center-right” government took control of the country in late 2009.

Amid a fiscal crisis and rising debt and deficits, Bulgaria has dramatically decreased their deficits and produced major economic growth in a very short period of time. Minister of Finance Dr. Djankov directly attributes these gains to major reforms that have take place that include:

- Reducing minimum capital investment required to start a business to just one euro.

- Cut all government expenditures by 15 percent across the board.

- Lowered taxes to become the country with the smallest tax burden in the European Union.

- Cut public workforce by 14 to 15 percent with the goal of cutting 20 percent...

Read more: http://www.atr.org/bulgarias-gold-standard-a5923#ixzz1G8vUSsSX

(Excerpt) Read more at atr.org ...


TOPICS: Business/Economy; Government; Reference; Society
KEYWORDS: bulgaria; reform; spending; taxes
The Balkans as powder keg for reform?

Take this article and others I found to the fight to the Libs on their own turf; put the Left on the defensive at at Digg and at Reddit and in Delicious and Stumbleupon

1 posted on 03/09/2011 2:28:27 PM PST by 92nina
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To: 92nina

- Reducing minimum capital investment required to start a business to just one euro.

- Cut all government expenditures by 15 percent across the board.

- Lowered taxes to become the country with the smallest tax burden in the European Union.

- Cut public workforce by 14 to 15 percent with the goal of cutting 20 percent...

These people need to be stopped at all costs! They are clearly insane!


2 posted on 03/09/2011 2:35:22 PM PST by 17th Miss Regt
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To: 92nina
Photobucket

3 posted on 03/09/2011 3:09:17 PM PST by Dick Bachert (2012 CAN'T COME SOON ENOUGH FOR ME. HOW ABOUT YOU?)
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