Bulgaria
VAT Fraud Robs Bulgaria's State Budget of BGN 2B Annually
Bulgaria's state budget loses BGN 2B annually due to VAT fraud, according to data of the Economic Research Institute with the Bulgarian Academy of Sciences.
Taking into account the uncollected excise duty, losses swell up to BGN 4B per year, the Director of the Institute Prof. Mitko Dimitrov said, cited by Cross news agency.
Ukrainian IT Giant to Open Development Center in Bulgaria
Ukrainian global outsourcing product and application development company SoftServe announced the opening of a software development center in Sofia, Bulgaria.
The center will augment various software development engagements to support the company's vertical strategy.
Bulgaria's Energy Watchdog Pledges No Power Price Hike
There will be no price hike for the electricity in Bulgaria, said Elenko Bozhkov of the State Commission for Energy and Water Regulation (DKEVR).
Bulgaria's Finance Ministry to Present Tax Fraud Prevention Strategy
Bulgaria's Finance Ministry is drafting a tax fraud prevention strategy in cooperation with other control authorities.
Contactless Payments On The Rise in Europe
The European consumers made more than 340 million contacltess payments in 2013, shows the data of Visa Europe.
The sum spent via contactless payments increased threefold and reached EUR 453 M.
The growth is explained with the increasing popularity of such type of payments.
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Bulgaria’s Pironkova Appears in Glamorous Self-Designed Dress
Bulgaria's top female tennis player Tsvetana Pironkova appeared in a glamorous self-designed dress at the official party of the Sony Open tournament in Miami.
The annual event was held at the elite Cavalli Miami night club, and was attended by some of the best female athletes of the sport.
Bulgaria's Central Electoral Commission Appoints New Management
Bulgaria's Parliament has appointed the new Central Electoral Commission management in a heated session, Thursday.
Bulgarian Employer Associations Seek Representation in Energy Watchdog
The Confederation of Employers and Industrialists in Bulgaria (CEIBG) has demanded representation in the energy watchdog.
Warm Weather Might Bring Losses to Bulgaria's NPP
The decreased electricity consumption might bring BGN 8 M losses to Bulgaria's nuclear power plant Kozlodui.
Because of the unusually warm weather and low electricity consumption, Bulgaria's Electricity System Operator ordered the limiting of energy production by all power stations.
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US to Assist Bulgaria in Cybersecurity System Establishment
Bulgaria will work for the establishment of a comprehensive cybersecurity system in cooperation with the United States, the Ministry of Interior announced.