A fund aimed to speed up financing of stat-ups with a budget of 100 million leva (about 50 million euro) is going to ease access to financing of start-ups in Bulgaria. The news has come from Deputy Minister of Economy Alexander Manolev at the opening of a conference that attracted more than 200 managers, business leaders and investors from 27 countries. The deputy minister pointed out that the business environment in Bulgaria is favorable and that not only start-ups from Bulgaria but also from neighboring countries have received capital from various risk investment funds. The Ministry of Economy vowed that during the new programming period it would continue support for the development of a sustainable ecosystem to the benefit of entrepreneurs in the country.
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
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