“Nexo is a Swiss company and it is registered in Switzerland which means the National Revenue Agency cannot check up, in Switzerland, on any company,” Boris Mihaylov, head of the National Revenue Agency stated in parliament.
Answering a question about the information that Democratic Bulgaria has been financed by the cryptobank, he pointed out that the donors of the coalition who were employed by or who are currently working for Nexo, can be subject to a tax inspection. Prosecutor General Ivan Geshev, on his part stated that data was currently being collected regarding Nexo which will be handed over to the US. “In accordance with the requests for legal aid procedure I am sure we shall be given swift and competent assistance,” he added.
Four people have been charged in connection with the Nexo investigation, two are wanted internationally, the other two have been released on bail amounting to 1 million Leva each.
The European Commission (EC) has published its sixth annual Rule of Law Report , which covers the 27 EU member states and four candidate countries. The report notes legislative progress in Bulgaria during the Zhelyazkov cabinet's term, the..
A student protest titled "Education is a Right, Not a Privilege!" will take place at 6:00 PM on July 9 in front of the Rectorate building of the Sofia University '' St. Kliment Ohridski'' . The protest is in response to the increased tuition fees..
"I think we have an excellent result in the plenary just a few moments ago and 531 members voted “for” Bulgaria to join the Eurozone and paving the last steps of what we have been saying for a long time, that the euro means security and stability". This..
The EU's Economic and Financial Affairs Council (ECOFIN) has allowed Bulgaria and 14 other EU countries to exceed their budget limits in order to boost..
Full EU membership is neither the end of the story nor a solution to all problems. Realism and accurate self-assessment must guide important decisions,..
The ministers of agriculture of Bulgaria, Hungary, Poland, Slovakia and Romania have signed a joint declaration concerning the agricultural aspects of..
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