Bulgaria is among the countries with the cheapest labor in the European Union, with low and fixed corporate and income tax. This makes it an attractive destination for many investors with lower business costs.
However, foreign investors remain concerned about the rule of law in this country. This is seen in the annual report of the US Department of State on the investment climate in Bulgaria. Among the problems pointed out by investors are widespread corruption, difficulty in obtaining permits, unpredictability due to frequent regulatory and legal changes, as well as sporadic attempts to terminate long-term contracts.
Bulgarian President Rumen Radev gave a lecture on the prospects and challenges for young people at the University of National and World Economy in Sofia. At the end of his speech, he answered questions from students. Asked about the wars in..
The European Commission is insisting on the urgent implementation of strict measures to eradicate the outbreak of sheep plague in Velingrad. In a statement, the Directorate-General for Crisis Preparedness in Food, Animals and Plants of the..
At a meeting of the caretaker government, Prime Minister Dimitar Glavchev confirmed that the Dutch government has agreed with Bulgaria's full accession to Schengen. He said that according to the Bulgarian Academy of Sciences, the benefits of the..
The coalition BSP-United Left, which placed fifth in the parliamentary elections held on October 27, is starting a series of negotiations to gather..
By order of the Minister of Education and Science, Prof. Galin Tsokov, January 3, 2025, has been declared a non-school day for all schools in Bulgaria...
10 people from a criminal organization for migrant trafficking have been detained in a police operation in the Burgas region . Among those detained is..
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