Text size

Large investor in automotive industry to Bulgaria after state of emergency ends

published on 5/7/20 5:11 PM

Economy Minister Emil Karanikolov

Photo: BGNES

"The Bulgarian economy has its difficulties. It is part of the European economy where there is talk of an extremely severe recession", Bulgaria's Minister of Economy Emil Karanikolov said in an interview with the Bulgarian National Television. He pointed out that an analysis of the effects of the Covid-19 crisis on the country's economy was to be made, but medium- and long-term measures have already been identified. The long-term measures are aimed at returning the Bulgarian economy to the parameters with which it entered the crisis.

Karanikolov pointed out that after the state of emergency ended, a large investor from the automotive industry was expected to visit Bulgaria. This is a company that has been monitoring Bulgaria for a year and a half, the minister said.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Up-to-date information automotive industry Covid-19 crisis economic recovery Emil Karanikolov investor

More from category

A warning for dangerous rainfall has been issued for 12 regions in Southern Bulgaria

On Friday, the lowest temperatures will be between 4°C and 9°C, reaching up to 12°C in the southeast, around 6°C in Sofia . During the next 24 hours, the weather will remain cloudy. It will rain in almost the entire country. During the day, rainfall..

published on 11/27/25 6:45 PM

Varna mayor Blagomir Kotsev released pending trial on €102,258 bond

The Varna District Court has released the city’s mayor, Blagomir Kotsev, on a financial bond of €102,258. Before the court’s decision was announced, supporters of the mayor and members of the We Continue the Change party gathered outside the..

published on 11/27/25 5:37 PM

Three detained and five police officers injured at last night's protest in Sofia

Three people, including an Italian citizen, were arrested during last night's protest against the adoption of the 2026 budget in front of the National Assembly, the director of the Sofia Directorate of Internal Affairs, Chief Commissioner Lyubomir..

published on 11/27/25 3:50 PM