Bulgaria, which is the poorest country in the EU, attracts a large volume of foreign green-field investments in the information and communication technologies, Financial Times writes. In four years, the volume of these investments increased five times and the sales in this sector amounted to USD 3.2 billion in 2018. The technological center of Financial Times opened in April 2019 in Bulgaria’s capital Sofia, which employs 110 people, also contributed to this positive development. Facebook and the World Bank, which also opened offices in Bulgaria’s capital, are among the latest investors in the ICT field. Bulgaria’s software and ICT services sector welcomed a record-high of 16 foreign investment projects to the tune of USD 240 million, mainly in Sofia, Financial Times notes.
Bulgaria has fully implemented 7 out of 28 recommendations made by the Council of Europe's Group of States against Corruption (GRECO). 11 recommendations have been partially implemented and 10 have not been implemented. Today GRECO published..
The co-ruling BSP proposes a bill to introduce a ceiling on the markup for basic foods. The leader of Stand Up.BG, Maya Manolova, who yesterday announced her candidacy for ombudsman, told the Bulgarian National Radio that the..
GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift the responsibility to other people. This is how Minister of Finance Temenuzhka Petkova addressed..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
T he Federation of Consumers in Bulgaria, the movement “The system is killing us” and the Allied Pensioners Unions have called for a boycott of the high..
Europe will have to reform its governance structures so as to speed up the decision-making process and mobilize its resources, said President Rumen..
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