Economic globalization

After the Brexit Decision Bulgarians are Looking for Career Development in their Homeland

New tendency after the Brexit decision - more and more Bulgarians with experience and education in the UK are returning and looking for development in Bulgaria. The reason for this is the growing uncertainty and outcome of negotiations.

For 10 years, the Career in Bulgaria Forum helps Bulgarians from abroad to find work in Bulgaria.

Greece’s shadow economy is 21.5% of GDP, says German IAW

Some countries have much larger shadow or unofficial economies than others. Greece’s shadow economy is worth over a fifth of its total output, and Italy’s isn’t far behind, says a research by German IAW. However, the chart refers only to selected industrialized countries. And Germany is not doing much better…

IMF: Countries must avoid protectionism 'at all costs'

The International Monetary Fund warned world leaders on July 28 to avoid resorting to protectionist measures "at all costs" due to the damage it would cause to their own and the global economy.

At a time when President Donald Trump has repeatedly blamed trade for U.S. economic woes, and threatened to impose barriers to imports, the IMF said such policies would not work.

EU To Put End To Tax Avoidance by MNCs

The Finance Ministers of EU member-states have agreed to close loopholes in tax legislation allowing multinational companies to avoid paying taxes on dividends, reported Reuters.

The agreement is a step in the direction of terminating the practice of companies declaring their taxes where they find it most expedient to pay taxes.

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