Bulgaria’s National Assembly ratified the agreement between Bulgaria and the World Bank to open an office of the International Bank for Reconstruction and Development in Sofia. Over 300 highly-qualified experts in IT, finance, human resources and health sectors will be employed at the Bulgarian office of IBRD. Other functional units for outsourcing and shared services are also expected to be established in the region. The World Bank expects that the net revenues for Bulgaria from operations of the Bulgarian office of the International Bank for Reconstruction and Development will exceed EUR 2.3 million in five years.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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