Bulgaria’s monthly exports to Germany amount to an average of 300 million euro, while trade between Bulgaria and Germany in recent years has broken all records in the history of economic relations between the two countries.
This was announced at a meeting between Deputy Economy Minister Alexander Manolev and the Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Energy of Germany Oliver Wittke.
Alexander Manolev quoted data of the German-Bulgarian Chamber of Commerce, that around 90 percent of the German companies operating in Bulgaria are willing to invest in the country again if they were to have to take such a decision.
Oliver Wittke expressed satisfaction with the results attained, adding that his ministry was ready to support the efforts to increase German investments in Bulgaria.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
The President of the “Renew Europe” group in the European Parliament, Valérie Hayer, called on the European Commission to urgently send a mission to..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
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