60%-70% of the items sold at the retail chains, owned mainly by foreign companies, are of Bulgarian origin, a research of the Institute for Market Economics shows, The large retail chains make serious investments in Bulgaria-at the end of 2015 the foreign direct investments in retail trade exceeded EUR 1.3 billion, or 5.8% of the total volume of the FDIs at that moment, the survey further reads. According to the survey, the existence of large retail chains in Bulgaria has not resulted in job losses and large-scale bankruptcies of small shops.
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle pollution. Bulgaria is participating in two of these projects and will receive funding to install charging..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of Energy Zhecho Stankov told BNT. If necessary, the postponement of the sanctions against Lukoil can be..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
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Scattered showers