Monthly Archives: February 2014

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Bulgaria – Banking Sector

The banking sector in every single country represents direct reflection of the economic conditions indicating both the rate and intensity of the existing business environment. That is why banks are considered institutions which policy has direct impact on business, investments…

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Common Tax Account – Options

After the Constitutional Court’s decision on the abolishment of the common tax account and the need for adequate reaction from the institutions, an official announcement was made about the possible new features and options given the circumstances. Thus, some light…

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E-Sick Leave – Soon in Practice

Employers, employees, doctors and state administrators will soon be able to use a considerable innovation in their work. As a part of the overall business platform of electronic opportunities popularization and further practical use of technological progress, the launch of…

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Changes in the Common Tax Account

Surprisingly for some and not that much for others, Bulgaria’s Constitutional Court officially announced its decision to deem partially illegal the 2012 legislation changes in the tax code regarding the introduction of a common tax account, thereby requiring its current…

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IMF: 2014 – Positive Outlook for Bulgaria

Very good news for Bulgaria as well as for all investors interested in that country came from the International Monetary Fund in their traditional annual economic prognosis. The specialists confirmed their expectations for a steady growth (1.6 %) of the…

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