The Bulgarian-American Credit Bank (BACB) recently held its annual general meeting of the shareholders, which saw shareholders approve 2016 reports, an Audit Committee statute and changes to the bank’s bylaws.
The European Parliament’s Economics and Monetary Affairs Committee recently approved several measures to make it easier for businesses that have been taxed by two member states to resolve their disputes.
Funds collected through Eurobank Big Heart cards contributed to a recent project to renovate the playground for children in Cika Jova Zmaj preschool’s “Mila Jevtovic” kindergarten in Belgrade’s Voždovac precinct.
Two Balkan countries rank in the top five most complex jurisdictions for accounting and tax compliance, with Greece coming in fourth and Turkey being the most complex place in the world, according to TMF Group.
Recent adjustments to Bulgaria’s credit rating from Fitch Ratings mirror the country’s continued economic growth, with Bulgaria’s outlook advancing from stable to positive and ratings affirmed in three areas.
Bulgaria recently welcomed positive developments in its credit rating, with rating agency S&P Global Ratings changing the country’s outlook from stable to positive and affirming several of its credit ratings.