Tax policy must not change if we want to attract investments. Bulgaria should be the Silicon Valley of Europe in the minds of the foreign investors, Petar Ivanov, Executive Director of the American Chamber of Commerce in Bulgaria said. There are no economic reasons for the Covid-19 crisis. It was overexposed by the media and 90% of all news was about the coronavirus. The collapse was even greater because of the emotional approach of everyone, including politicians and financiers. The Covid-19 crisis created new opportunities for doing business and communicating via the modern technologies, Petar Ivanov contends.
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..
In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..
Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder