BULGARIA Simeon Dyankov, Bulgaria’s Finance Minister and Deputy Prime Minister, says that the flat income tax rate will stay unchanged, while Value-Added Tax (VAT) could be cut from the current 20 per cent to 18 per cent in 2010 and by a further two per cent by the end of …

BULGARIA Former government ministers will be indicted in the next few days, Bulgaria’s Deputy Prime Minister and Interior Minister Tsvetan Tsvetanov said on September 3 2009. Tsvetanov declined to give names, saying that it was up to prosecutors to complete the indictments. Bulgarian news agency BTA reported Tsvetanov as telling …

CYPRUS Greek Cypriot representatives had postponed the second round of peace talks following a dispute over a pilgrimage to an orthodox church in the Turkish Cypriot north, an official said on Wednesday. The leaders of the two rival communities were scheduled to start the new round of negotiations on Thursday …