Germany is strategic and leading trade partner of Bulgaria and the German companies are reliable investors, because they have long-term commitments in that country, Bulgaria’s Minister of Economy Emil Karanikolov said in Sofia at a meeting with representatives of the German Committee on Eastern European Economic Relations. Over 200 companies are members of that committee which represents the interests of the German companies in 21 countries in the eastern part of Europe. Trade between Germany and Bulgaria was evaluated highly during the meeting. Bilateral trade between the two countries reached record-high levels in 2016 and amounted to EUR 6.637 billion. According to expectations, the trade between Germany and Bulgaria will hit new records in 2017.
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that it would help the country maintain its strategic position in South East Europe. Accompanied by..
Bulgaria’s coalition parties have agreed to introduce a rotating chairmanship of the National Assembly. At today’s joint governance council meeting, members also discussed next year’s draft budget. Kostadin Angelov, Deputy Chairman of..
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Frol and Frosia are the newest residents of the Bear Sanctuary Belitsa, according to the Four Paws Foundation, which runs the bear sanctuary in..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
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