Fuel Prices Hit New Highs in Germany as Diesel Surpasses €2.40 Per Liter
Fuel prices in Germany have recently reached new highs, with diesel briefly exceeding 2.40 euros per litre during the Easter holiday period before easing slightly afterward
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A file photo shows the exterior view of the building of the HSBC Bank at the quai Wilson in Geneva, Switzerland. Photo by EPA/BGNES
While Bulgarian tax authorities are getting nowhere with their plans to look into the Swiss bank accounts of Bulgarians whom they suspect of tax evasion, Germany has raked in one billion euros from tax dodgers.
"Due to voluntary reports of tax evasion, the payment of tax arrears is estimated at more than one billion euros,” the German tax union chief Dieter Ondracek told mass-circulation Bild.
About 11,200 tax cheats reported to tax authorities after Germany's North Rhine-Westphalia state bought the Swiss CD with the names of more than 1,500 fraudsters for 2.5 million euros in February, said Ondracek.
The identity of the seller has never been revealed.
Financial experts in Bulgaria have commented that the country's tax authorities will find it difficult to bring to justice those tax evaders, who hold about EUR 200 M in Swiss banks as revealed by the stolen disk of Swiss banking data bought by Germany.
It is still not clear whether Bulgaria has already received the information in question and whether it was going to pay for it.
In contrast to Germany, there have been no cases of recanting tax dodgers ready and willing to pay their taxes in Bulgaria yet.
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
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