Bulgaria continues to compete for the new Volkswagen plant. This is a headline in influential German newspaper Handelsblatt. In an interview for the paper, Prime Minister Boyko Borissov said that Bulgaria was outperforming all of the countries in the region when it came to low investment risk. A competitive tax system, business-friendly regulations and state aid within the EU regulations, combined with good transport links and low labor costs, are the country's major advantages. Such an investment in Bulgaria would be a positive signal to the whole of Eastern Europe, PM Borissov pointed out. Volkswagen's management told Handelsblatt negotiations with major candidates for the new plant were ongoing.
Russia’s Lukoil said it reserves the right to pursue legal action to defend its rights and legitimate interests in Bulgaria after a special administrator took control of its local assets. Lukoil is taking “all necessary steps” to complete the sale..
The European Bank for Reconstruction and Development (EBRD) will open a technology center in Bulgaria focused on emerging technologies such as Big Data , artificial intelligence, cybersecurity, and cloud services. This becomes possible after the..
Violations were found in 27% of the inspected sections along the Black Sea coast , according to the control authorities of the Ministry of Environment and Water. Minister Manol Genov ordered the inspection following the October floods in the southern..
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional..
At a meeting in Berlin with Google’s Vice President for Government Affairs and Public Policy for Europe Annette Kroeber-Riel, Minister of E-Government..
On Wednesday, minimum temperatures will range from 5°C to 10°C across the country, reaching 12°C to 17°C in southern Bulgaria and around 8°C in Sofia. It..
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