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.
The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..
Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the..
While ballots were being counted in Bulgaria and Europe after the parliamentary elections, on June 10 the Ministry of Finance sold government debt for nearly EUR 200 million. It was announced that bonds worth 100 million EUR would be..
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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