The European Public Prosecutor's Office (EPPO) has uncovered a massiveVAT fraud scheme involving all 22 countries members of the EPPO, including Bulgaria, but also non-EU countries such as Albania, China, Serbia, Singapore, Switzerland, Turkey, UK and USA. The operation, dubbed “Admiral”, was launched against the biggest cross-border VAT fraud scheme ever investigated in the EU worth over EUR 2.2 billion.
The investigation started in April 2021 in Portugal, when the tax authorities in Coimbra probed a company selling mobile phones, tablets and other electronic devices, on suspicion of VAT fraud, and asked for the EPPO’s help. The probe established connections with over 9,000 other legal entities, and more than 600 natural persons.
Two billion euros in additional state guarantees and a concession of the Bulgarian Sports Totalizator are part of changes to the draft budget for 2026, submitted between the first and second readings. The change that increases the..
The increase in the minimum wage is supported by 54.1% of Bulgarians. 1/3 of respondents believe that the minimum wage should be equal to the living wage. This is indicated by the results of a representative survey by the Myara..
“We see a rational plan for a quick peace from President Donald Trump, according to which the situation on the battlefield is developing extremely unfavorably for Ukraine, and he is trying to prevent a worse scenario and additional casualties,”..
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