Sofia Prosecutors Refuse to Rule on 11 Disloyal Companies Case
Sofia District Prosecutor's Office has returned to the General Labor Inspectorate Executive Agency the case of 11 disloyal companies that have not paid salaries to their employees.
Sofia District Prosecutor's Office has returned to the General Labor Inspectorate Executive Agency the case of 11 disloyal companies that have not paid salaries to their employees.
People who pay their credit early will no longer pay fees to the bank, according to amendments to the Bulgarian Credit Institutions Act.
Disloyal companies that have not paid salaries to their staff will be fined BGN 15,000 per employee, said Rumyana Mihaylova, Head of Bulgaria's General Labor Inspectorate Executive Agency.
The Bulgarian National Bank (BNB) has decided to increase the base interest rate to 0.19% in February, up from 0.18% in January and December.
Bulgaria's year on year inflation rate has risen above 4%, according to a report released on Monday by experts from the Bulgarian Center for Economic Development.
Bulgaria's economy will grow with up to 3% in 2011, the experts from the Center for Economic Development have stated in their January report.
There is no point in rushing to adopt the euro at this point, according to Bulgarian MP Menda Stoyanova, Chair of the Parliamentary Committee on Budget and Finance.
Finance Minister, Simeon Djankov, has made a rushed statement regarding the freeze of minimum wages and retirement pensions in Bulgaria, according to Social Policy Minister, Totyu Mladenov.
There are no funds in budget 2011 to increase minimum wages and/or minimum retirement pensions, Bulgarian Finance Minister, Simeon Djankov, declared.
The European Union's executive said on Thursday that four countries, including Bulgaria, have been stricken off its deficit watch list as they have taken adequate steps to correct it.
The Members of the Bulgarian Parliament from the Budget and Finance Committee are holding Thursday afternoon a hearing of the Director of the Customs Agency, Vanyo Tanov.
Bulgaria's general government debt amounted to EUR 2.762 B (7.7% of the GDP) as of end November 2010, Bulgarian National Bank data released Tuesday shows.
Bulgaria, which has the lowest personal and corporate income tax in the EU at 10%, may change the levels of direct taxes after a referendum in 2013, a bill of the finance ministry suggests.
EFG Eurobank Ergasias SA, owner of Bulgaria's Post Bank, announced it has secured a total of EUR 1.4 B from international bodies to finance small and middle sized enterprises (SMEs) in south east Europe, including Bulgaria.
A number of Bulgaria’s key infrastructure projects will be financed by the European Investment Bank, Bulgarian Prime Minister Boyko Borisov and EIB Group President Philippe Maystadt have announced.
Bulgaria, which has the lowest personal and corporate income tax in the EU at 10%, should change the levels of direct taxes only after a referendum, the finance minister has suggested.
Bulgaria registered an inflation of 4.4% at the end of 2010, and an average 2010 inflation of 3%, according to final data of the National Statistical Institute.
Bulgaria is in no rush to join the euro zone, according to Kalin Hristov, Deputy Governor of the Bulgarian National Bank.
The Director of the Bulgarian National Audit Office (NAO), Valeri Dimitrov, took the oath of office for his second term before the Parliament Wednesday.
The middle- and high-level executives in Bulgaria have received an 8% average increase of their salaries in 2010, according to the PwC accountancy company.
Bulgaria's trade deficit started to grow again in November 2010, after in the first ten months of last year it was on the decline, according to data of the Bulgarian National Bank.
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