Investments in Bulgaria saw a 23% increase for the first time since 2009 and reached EUR 1.6 billion, Bulgaria’s Minister of Economy Bojidar Loukarsky said during a National discussion entitled “Yes! To Bulgarian Economy”. According to Eurostat, in 2015 Bulgaria placed first in Central and Eastern Europe in terms of the foreign direct investment/gross domestic product ratio. 25% of the country’s GDP is formed by the industry, which means that Bulgaria’s economy has been developing and that the highly-proclaimed dependence of that country on EU funds is not a main engine of growth. Bulgaria has a huge potential to attract investments in sectors with high added value through encouragement measures under the Investment Promotion Act, mainly in sectors such as machine building, manufacture of car parts, IT and outsourcing, Minister Loukarsky noted.
Tourism is one of the sectors in Bulgaria ready to the greatest extent to smoothly continue working after Bulgaria joins the Еurozone , the executive director of the National Tourism Board, Dr. Polina Karastoyanova, believes. In tourism, and at this..
Bulgaria can be a strategic partner of Japan for the region of Eastern and Central Europe. This was stated by Bulgarian President Rumen Radev as he welcomed the participants in the business breakfast organized by the Japan-Bulgaria Business..
Property prices on the Black Sea coast have risen by 20%, Nova TV reported, citing major real estate agencies in the Burgas region. Most of the buyers are from Bulgaria and are looking to buy large apartments as an investment, mainly for holiday use...
The real estate market in Bulgaria has steadily been growing in the past few years. There has been talk of a price bubble, inflated to serious..
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