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.
Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during her regular press conference. Christine Lagarde was asked to comment on the country’s..
On Friday there will be fog in the lowlands and valleys in the morning and until midday. Minimum temperatures 0-5° C., for Sofia around zero. During the day the clouds will begin to disperse and to scatter from the Southwest, and the weather will be..
The MPs from Vazrazhdane party will request that Minister of Finance Temenuzhka Petkova be heard in parliament regarding Bulgaria's entry into the Eurozone, announced the leader of the party, Kostadin Kostadinov. "We have inside information from..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give..
Bulgaria’s Minister of Defense Atanas Zapryanov is leaving on a three-day visit to the United States, the Ministry of Defense said. Minister Zapryanov..
The Association of Descendants of Refugees and Migrants from the Territory of North Macedonia sent a position to European institutions, urging European..
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