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 December 11 and 12, President Rumen Radev continues consultations with parliamentary groups in the 51st National Assembly before the first exploratory mandate for forming a government is handed out. Today, President Radev will meet with..
On Wednesday, minimum temperatures in Bulgaria will range from zero to 5° C., for Sofia around zero. There will be fog in some parts in the lowlands in the morning. During the day there will be clouds with no significant precipitation, the clouds..
Judge Vladislava Tsarigradska of the Pleven District Court received the grand prize "Person of the Year" of the Bulgarian Helsinki Committee. She grabbed the award for her active work in exposing unregulated relations and dependencies in the..
On Tuesday, the weather will be predominantly cloudy with rain, more significant precipitation is in the forecast for Eastern Bulgaria. The..
The Sofia Regional Health Inspectorate has reported the country's second case of monkeypox this year, registered last week.The infected person is 37..
Acting Bulgarian Prosecutor-General Borislav Sarafov has asked Parliament to lift the immunity of Kiril Petkov, an MP and co-leader of the People's Party..
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