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.
On Wednesday, the lowest temperatures will range from 0°C to 5°C, for Sofia 0°C. During the day, it will be mostly cloudy with fog in the plains. There will be light rain in some places. Daytime highs will be between 4°C and 9°C, around 6°C in the..
Caretaker Minister of Foreign Affairs Ivan Kondov held a bilateral meeting with his Ukrainian counterpart Andrii Sybiha during the NATO Foreign Ministers' Meeting. Ivan Kondov assured that Bulgaria will continue its unwavering and consistent support..
Caretaker Minister of Transport and Communications Krasimira Stoyanova met in Sofia with the Ambassador of Ukraine to Bulgaria, Olesya Ilashchuk. The two discussed ensuring the smooth movement of Ukrainian cargo to the EU via the Solidarity..
"We demand the resignation of the management of the Bulgarian Food Safety Agency for failing to address the problems, specifically the case with the..
North Macedonia’s Foreign Minister Timčo Mucunski was heard in the European Parliament’s Foreign Affairs Committee. He..
A concert entitled “Volunteer’s Day” will bring together young talents dedicated to the causes of healthy living and volunteering on one stage in..
Scattered showers
Cloudy
Rain / Snow