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 ...
Read MoreBulgaria, Romania to work together for Schengen accession
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 ...
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