In May 2015 Bulgaria’s total business climate indicator increases by 3.1 percentage points compared to its April level due to the improved managers’ opinions in construction, retail trade and service sector, show the data of Bulgaria’s National Statistical Institute. Industry. The composite indicator ‘business climate in industry’ remains approximately to ...
Read MoreTougher rules on money laundering to fight tax evasion
The ultimate owners of companies will have to be listed in central registers in EU countries, open both to the authorities and to people with a “legitimate interest”, such as investigative journalists, under new rules already agreed with the Council and endorsed by Parliament on Wednesday. The new anti-money laundering ...
Read MoreEU: “We need a common corporate tax base”, says Commissioner Vestager
Why did the EU Commission take so long to launch investigations into member states’ tax rulings? Is its strategy to go only after small countries, such as Belgium, the Netherlands, Luxembourg and Ireland? Will the instruments available to it suffice? And if not, what would it take to do away ...
Read MoreBulgaria’s external debt grew 15% in March
Bulgaria’s external debt grew 15% in March, the bulletin of the Finance Ministry showed. The reason is the EUR-denominated bond issue from March 19 of EUR 3.1 billion. Thus the total government debt reached EUR 12.2 billion. Parallel to this the Finance Ministry paid the bridge loan of EUR 1.5 ...
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