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.
The challenges facing the energy sector in Bulgaria and the region were discussed by the Minister of Energy Zhecho Stankov and the Executive Vice-President of the European Commission for Clean, Fair and Competitive Transition Teresa Ribera , the..
We do not yet have the euro, but the information that we may have it inspires certain market entities, said Prime Minister Rosen Zhelyazkov at the opening of the National Discussion “The Effect of the Eurozone. The Experience of Member States Speaks”...
The Bulgarian Parliament has adopted the Personal Bankruptcy Act, which is an EU requirement for the second payment under the Recovery and Resilience Plan to be implemented. The texts provide that a debtor who fails to service his/her..
The village of Delchevo is restoring the tradition of celebrating Midsummer's Day with a two-day program on June 21 and 22, the Gotse..
A festive concert of the Otets Paissii Performing Folk Ensemble will be held in Nessebar today, as the ensemble celebrates 70 years..
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