Bulgarian Customs Agency Lagging Behind Collection Target by BGN 500M

Bulgaria's Customs Agency is lagging behind its collection target by nearly BGN 500 M.

A total of BGN 4.354 B has been collected by the customs authority since the beginning of 2014, according to reports of investor.bg.

In the first seven months of 2014, receipts from VAT were lower than the forecast and the result for the same period of 2013.

Home consumers to have 2.6 pct cut in power bills from July 1

The home consumers' power bill will drop by 2.6 percent on average from July 1, while the industrial consumers will pay by 4 percent less, after the electric power sold for lower prices on the stock exchange and the co-generation tax was cut, the National Energy Regulatory Authority said in a release to AGERPRES on Friday.