Category Archives: Other

E-Sick Leave – Practical Use

One of the major 2015 innovations is the long expected e-sick leave implementation that is practically in use from the beginning of the year replacing the well-known paper proof of temporary labor incapability. The e-sick leave represents a key step…

2015 – Reforms & Innovations

2015 starts with new hopes and expectations for positive results in economic and financial terms in Bulgaria especially compared to the previous year. Many specialists predict that this will be the year of initiating important state reforms and implementing innovative…

Important Tax Changes – 2015

2015 brought serious and important changes in Bulgaria’s business environment which ultimate goal is affecting positively the overall taxation process, its results and availability/attractiveness. All participants in the taxation process are to adhere to their legal obligations and exercise their…

Plovdiv – Transport & Logistics Center

Despite the lack of sea ports and a large modern airport, Plovdiv is turning more and more tangibly into a modern transport and logistics center. In the last few years local transportation companies increased the volume as well as the…

Pension Reform

The pension reform and the particular ways of its introduction appear to be one of the most difficult tasks before the new Bulgarian government. The sensitivity of this matter and the dependency of a great number of people on any…

“Juncker” Plan – Opportunities and Realization

The recent official announcement of an investment plan, known as the “Juncker” Plan, described a strategy for the achievement of an intensive investment activity in the next two years (2015 – 2017) that is to bring nearly 315 billion euros…

Time for Reforms

In its first few days in office the new government clearly indicated that Bulgaria seems determined to take important steps in the reformation of many sectors, which functioning continues to exacerbate state finances hindering normal economic development. Reforms are more…

New Energy Reality

The recently announced official decision of the Russian Federation to withdraw its support to the “South Stream” gas mega project led to an unexpected and challenging situation for Bulgaria and all affected European countries. Bulgaria’s energy reality was utterly changed…

Plovdiv – European Capital of Culture 2019: Effects

Plovdiv – European Capital of Culture 2019

Bulgaria (and particularly Plovdiv) can boast with a very serious accomplishment. An international expert commission announced Plovdiv is to be the 2019 European Capital of Culture. This represents a great recognition to the city living standard, its cultural, social and…