Lowtax Network

Back To Top

Bulgaria aims to guide Albania through the perils of EU integration

Healy Consultants Group PLC
30 August, 2016

While Bulgaria is not a country known for its well-rounded political and economic reforms, nearby countries like Albania can certainly learn a thing or two from this curious EU member state.

In a recent visit by the Albanian Foreign minister in Sofia, the capital of Bulgaria, his local counterpart confirmed its strong support for Albania to implement "reform leading to EU membership". Exchange of knowledge and know-how between the two foreign ministers certainly will pave the way for better bilateral relations between the Balkan states.

Further positive notion came from the newly signed important memorandum for cooperation in the multiple initial EU integration policies and due diligence issues. However, this is not the only way Albanians count on Bulgaria to get in to the lucrative Union.

In recent events, Albanian nationals from the Gorani minority, have found a new gateway to relocating to the European Union. Following an existing paper trail, they manage to apply for citizenship which is one of the steps to obtain free travel within the EU. Moving people and businesses from Albania to EU suddenly became easier. Having similar tongue as Bulgarians, makes the relocation of the Gorani communities that much easier, prompting business investment and increased bilateral trade.

About the Author

Healy Consultants Group PLC

Since 2003, Healy Consultants assists international Clients with company incorporation services worldwide. Our services include: company registration, opening of corporate bank account, accounting and tax services, legal services, jurisdiction comparisons...more.

To inquire more information about global business set up; call us on +65 6735 0120 or email us at email@healyconsultants.com


« Go Back to Blogs

Blog Archive

Event Listings

Listings for the leading worldwide conferences and events in accounting, investment, banking and finance, transfer pricing, corporate taxation and more...
See Event Listings »