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Netherlands Presses for Delay in Bulgaria, Romania Schengen Entry

NETHERLANDS The Dutch government has dealt another blow to the new EU member states Bulgaria and Romania, saying they are still doing too little to tackle corruption and organized crime, and their management of EU funds is still below par. The conclusions were announced on Wednesday in response to the …

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Bulgaria could cut VAT rate – Finance Minister

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 …

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Bulgaria says former cabinet ministers to be indicted ‘in next few days’

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 …

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