Bulgaria and its modest economic development will be least affected by the outcome of the referendum in the UK, Executive Chair of the Bulgarian Industrial Association (BIA), Bozhidar Danev, has told the BTA. According to Danev, this country has always been in the periphery of British policy and Bulgaria’s trade turnover with the UK is relatively low - below 2.5 percent of the total trade of the country. At the same time British investments in Bulgaria are also minor. This country, however, will be indirectly affected because of the impact Brexit would have on leading partners of the UK that are also good trade partners of Bulgaria, such as the Netherlands and Germany.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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