Popular Bulgarian brands of yoghurt, yellow cheese, lyutenitsa, cheese etc. will receive European protection within 2 – 3 months. Legislative changes will be voted then for trademarks and geographical indications, so the national protection of the products will drop. Those amendments were actually due 9 years ago, in order for those foods to enter a European register, keeping their original Bulgarian names. As the authorities in charge didn’t inform the Bulgarian producers for the criteria of the European register, now the state had urgent negotiations with Brussels for keeping the rights for producing Bulgarian foods. Entities from other EU member-states will have to mark their production with a label, pointing at the Bulgarian origin.
Bulgaria and the US have already signed an agreement on the automatic exchange of tax information. The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..
In May, the economic situation in the country improved for a second month in a row. There was an improvement in retail trade, construction and services, but there was a decline marked in industry. In construction, industry and services, no price..
The Bulgarian National Bank held an auction for the sale of securities with 3-year maturity at a 3% interest rate. At the auction, the Ministry of Finance offered bonds worth EUR 150 million. Interest will be paid once in 6 months, with the loan..
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