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.
The 28th Eastern Mediterranean International Tourism and Travel Exhibition EMITT 25 has opened in Istanbul and will last until February 7. Experts place it among the five largest tourism exhibitions in the world. The forum is..
In response to President Rumen Radev, who said that the institutions were late in establishing price control bodies, Deputy Prime Minister Grozdan Karadzhov assured that the government would implement all possible mechanisms to..
Sending soldiers from European armies to Ukraine has not been discussed, MEP Andrey Novakov, a member of the newly formed defence committee in the European Parliament said in an interview with the Bulgarian National Radio. He also..
“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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