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 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..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..
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