Bulgaria: What Taxpayers Need to Know After the Euro Changeover
The annual campaign for filing personal income tax returns under Article 50 of the Personal Income Tax Act is underway
The Republic of North Macedonia's plan for utilizing funds from the EU's Western Balkans growth initiative was prepared two weeks ago, and the country is now awaiting approval from the European Commission, according to Prime Minister Hristijan Mickoski in an interview with Telma TV, reported by BTA.
Mickoski criticized some of the projects initiated by the previous government, citing the railway line to Bulgaria, a segment of transport Corridor 8, as an example. He argued that this project is unfeasible, describing it as ending in a dead end or a half-tunnel without a clear continuation towards the Black Sea. Mickoski warned of potential sanctions up to 750 million euros if the project is not addressed properly.
He suggested reallocating the funds to modernize the railway line on Corridor 10 instead, which would enhance the speed of trains from 30 km/h to 100 km/h. Mickoski proposed increasing the budget for Macedonian Railways - Infrastructure and acquiring five new locomotives to improve train operations across the country.
Transport Minister Alexander Nikoloski also emphasized the importance of Corridor 10, which links Austria, Slovenia, Croatia, Serbia, North Macedonia, and Hungary with Greece. He mentioned plans to negotiate with donors of the Corridor 8 project to redirect funds towards Corridor 10.
In North Macedonia, the eastern section of the Corridor 8 railway, intended to connect with Bulgaria, has been financed through a pre-accession grant from the EU's "Financial Framework for the Western Balkans" and loans from the EBRD and the EIB. The tender procedure for this project concluded in the last week of June.
At least 14 people have died after a migrant speedboat collided with a Greek coastguard patrol vessel near the eastern Aegean island of Chios, according to Greek authorities. The incident occurred at sea, prompting an immediate large-scale search and resc
Greek national security agencies have launched an investigation into the growing number of land and property acquisitions in Northern Greece by citizens from Bulgaria and Turkey
President of North Macedonia Gordana Siljanovska-Davkova stressed that the Macedonian language remains a fundamental pillar of national identity and cultural self-awareness, speaking at the opening of the Sixth Winter School of the International Seminar f
In Northern Greece, nationalist groups have expressed concern over the growing number of properties being purchased by Bulgarian citizens
Greek Prime Minister Kyriakos Mitsotakis emphasized Greece’s commitment to a unified European stance while speaking with national media following a leaders’ meeting in Brussels.
After prolonged negotiations triggered by US sanctions, the Russian-controlled stake in Serbia’s oil company NIS has been transferred, Serbian daily Politika reported. The move follows months of uncertainty surrounding the company’s ownership and operatio
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