European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
More than 20 countries can be included in the EU's black list of tax havens, the Financial Times writes.
With the list, the EU will try to tackle aggressive tax evasion. A list of 25 countries is included in the list drawn up by the Code of Conduct Group (Taxation of Undertakings), which includes tax experts from the EU Member States.
But at least 4 countries and territories - Panama, Samoa, Guam and the Marshall Islands - are likely to be removed from the list as they have promised to implement reforms at the last minute.
The countries affected by the major hurricanes in the Atlantic Ocean have been granted an extension. They will have to respond to EU requests by February 2018.
Brussels, however, wants to prevent national political interests from influencing EU finance ministers when finalizing the list today.
Member States still have to decide when the list needs to be updated, how they will be tracking progress in implementing promised reforms and what sanctions to be imposed on the countries concerned.
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Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022