Three out of four Greek firms in Bulgaria are ‘ghost companies’

Leonidas Stergiou / ekathimerini.com

Thousands of companies in Bulgaria that exist only on paper appear to have been launched by Greeks in recent years for tax-evasion purposes, as a survey by the University of Bristol has shown that of the 14,000 Greek-owned enterprises in the neighboring country only 3,000 are actually active. Continue reading “Three out of four Greek firms in Bulgaria are ‘ghost companies’”