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.
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..
There is no change in the electoral attitudes of Bulgarians, according to the January survey by the Trend agency, commissioned by the 24 Chasa newspaper. The GERB party retains the leadership with 26.6% support of voters. "We Continue..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I..
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..
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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