The Bulgarian Post http://www.thebulgarianpost.com/ The Bulgarian Post - news from Bulgaria and the world. Business, Politics, Sports, Technology en-US GMT Bulgaria To Introduce Flat Tax The leaders of the three governmental parties in the ruling coalition decided to cut social insurance contributions 3 per cent, up pensions by 10%  from October and introduce a flat tax of 10 per cent for individual incomes as of next year. The decision paves a way for a big change in Bulgarian tax system http://Bulgaria.thebulgarianpost.com/story-read_bulgaria_to_introduce_flat_tax-443.php http://Bulgaria.thebulgarianpost.com/story-read_bulgaria_to_introduce_flat_tax-443.php Tue, 31 Jul 2007 18:13:56 GMT Bulgaria Shows Decrease in Labor Productivity Accelerated economic growth of around 6.6% is expected for the second quarter of the year. This shows data from the regular report of the Center for economic development. This growth, however, is extremely insufficient for reaching the speed of the other EU countries, comments for BNR Alexander Bojkov, director of the Center. http://www.thebulgarianpost.com/story-read_bulgaria_shows_decrease_in_labor_productivity-437.php http://www.thebulgarianpost.com/story-read_bulgaria_shows_decrease_in_labor_productivity-437.php Tue, 31 Jul 2007 10:46:36 GMT Italian Unicredit Group to Set Up Bulgaria's Megabank Italy's Unicredito and Bank Austria Creditanstalt will merge their three banks to create Bulgaria's biggest bank at the end of the month. http://Bulgaria.thebulgarianpost.com/story-read_italian_unicredit_group_to_set_up_bulgarias_megabank-398.php http://Bulgaria.thebulgarianpost.com/story-read_italian_unicredit_group_to_set_up_bulgarias_megabank-398.php Tue, 03 Apr 2007 10:53:13 GMT Balkan Countries Hope to Stop Energy Crunch Balkan heads of state gathered in Macedonia, hoping to expand energy cooperation across the region and limit growing power shortages that threaten efforts to catch up economically with the rest of Europe. http://www.thebulgarianpost.com/story-read_balkan_countries_hope_to_stop_energy_crunch-406.php http://www.thebulgarianpost.com/story-read_balkan_countries_hope_to_stop_energy_crunch-406.php Fri, 20 Apr 2007 11:14:14 GMT European Commission Rejects Plea To Resume Production of Two Reactors at Kozloduy Bulgaria, Serbia, Macedonia, Albania and Croatia adopted a declaration warning of grim consequences if the two reactors of Kozloduy nuclear plant were not reopened. European Commission spokesperson Ferran Tarradellas told the BBC that its position had not changed. http://Bulgaria.thebulgarianpost.com/story-read_european_commission_rejects_plea_to_resume_production_of_two_reactors_at_kozloduy-386.php http://Bulgaria.thebulgarianpost.com/story-read_european_commission_rejects_plea_to_resume_production_of_two_reactors_at_kozloduy-386.php Wed, 14 Mar 2007 10:20:26 GMT EU Opposes Dependence on Russian Gas The European Union is concerned by Russian efforts to use Greece as gateway for natural gas giant Gazprom into Western European gas and electricity markets. http://www.thebulgarianpost.com/story-read_eu_opposes_dependence_on_russian_gas-404.php http://www.thebulgarianpost.com/story-read_eu_opposes_dependence_on_russian_gas-404.php Mon, 16 Apr 2007 11:01:42 GMT