The mayor of Bulgaria’s capital Sofia Yordanka Fandakova, the Acting Director of the U.S. Trade and Development Agency Enoh Ebong and the U.S.Ambassador to Bulgaria Herro Mustafa signed a grant agreement aimed at financing a plan for modernization of “Toplofikaciya Sofia” district heating company.
The plan is to analyze the possibilities for complete reconstruction, rehabilitation and recapitalization of the municipal enterprise that serves almost 1 million zitizens, announced the press center of Sofia Municipality. The analysis will be performed by a team of highly qualified American experts in the field of engineering, finance and law.
In the first quarter of 2024, the gross domestic product (GDP) grew by 1.8% compared to the same period in 2023 . The first forecasts were for a growth of 1.7%, according to data of the National Statistical Institute. The GDP..
The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of..
Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate..
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