Bulgaria and Romania will make joint efforts for two countries’ accession in the Schengen area. This has been agreed at the meeting between Bulgarian Deputy Prime Minister for European Policies Coordination and Institutional Affairs Meglena Kuneva and Romanian Minister of Justice Robert Cazanciuc held in the frames of the joint ...
Read MoreBulgaria’s real GDP growth is expected to decelerate- Deutsche Bank
A report released on the 20th of April from Deutsche Bank states that Bulgaria’s real GDP growth is expected to decelerate from 1.7% yoy last year to around 1% yoy this year. Growth prospects are clouded by fiscal consolidation, the ongoing deleveraging of households and companies, and still subdued growth ...
Read MoreBulgaria annual CPI records inflation in March after 19 months of deflation
If general elections were held today in Bulgaria, the mandate-holder Citizens for European Development of Bulgaria (CEDB) would have got 22.6% of the votes, the Bulgarian Socialist Party (BSP) – 14.8%, the Movement for Rights and Freedoms (MRF) – 5.1%, while the Reformist Bloc – 3.4%, Focus wrote. These are ...
Read MoreDivergent EU Tax Regimes Revive Questions
Lack of harmonization among EU tax regimes and the different treatment of deferred tax assets (DTA) are causing regulatory uncertainty for bank debt investors, Fitch Ratings says. Formal investigations into whether some banks benefited from state aid as a result of DTA credit conversion have not yet been launched by ...
Read MoreBulgaria’s state budget registers an excess of BGN 250 million at the end of March
Bulgaria’s state budget at end-March 2015 registers an excess of BGN 250 million, according to preliminary data of the Finance Ministry, cited by Capital Daily. The income is higher by BGN 1.2 billion, which is an increase of 15% – there are more taxes paid and payments made by the ...
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