Bulgaria continues to compete for the new Volkswagen plant. This is a headline in influential German newspaper Handelsblatt. In an interview for the paper, Prime Minister Boyko Borissov said that Bulgaria was outperforming all of the countries in the region when it came to low investment risk. A competitive tax system, business-friendly regulations and state aid within the EU regulations, combined with good transport links and low labor costs, are the country's major advantages. Such an investment in Bulgaria would be a positive signal to the whole of Eastern Europe, PM Borissov pointed out. Volkswagen's management told Handelsblatt negotiations with major candidates for the new plant were ongoing.
A scheme for tax crimes through the use of documents with false content about carrying out fictitious deals with fuel exempt from excise duty has been busted. The avoided payment of excise duty is over 4.8 million EUR. The company, which was..
We Continue the Change Co-chairman Kiril Petkov has submitted to the registry of the 51st National Assembly a waiver of his parliamentary immunity. ''Today, I signed a waiver of my parliamentary immunity. Neither Peevski, nor the other thugs,..
More than 1,000 people have participated in the pilot phase of the project "The Genome of Bulgaria", which aims to collect and analyze a representative sample of genomes from contemporary Bulgarians. With this initiative, Bulgaria will contribute to..
It is too early to predict how the events in Syria would affect the war in Ukraine. This is what EU Defense Commissioner Andrius..
We Continue the Change/Democratic Bulgaria (PP/DB) will propose the setting up of a parliamentary commission of inquiry to conduct a large-scale..
Minister of Culture Nayden Todorov awarded a Guardian of Heritage certificate to archaeologist Professor Lyudmil Vagalinski for his significant..
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