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 leader of the ''Alternative for Bulgarian Revival'' party Rumen Petkov, MP Galin Durev from the coalition ‘'BSP – United Left’' and Iliyan Sarandaliev paid a visit to Moscow. They held meetings with Nikolay Shulginov, Chairman of the State Duma..
Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..
From today until December 21, Sofia’s City Garden is hosting the traditional German Christmas Market. The 15th edition of the market features food stalls, fragrant mulled wine, and cultural events, including concerts by young performers and..
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..
In 2026, Bulgaria will assume the presidency of the EU Strategy for the Danube Region for the second time. The symbolic handover of the presidency took..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
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