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.
Bulgaria and Vietnam should make the most of their strategic geographic positions – Vietnam in Southeast Asia and Bulgaria in Southeast Europe – acting as a gateway for goods and services from Asia to Europe , President Rumen Radev said on Thursday. He..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an open-source AI model that gives industrial robots 3D spatial intelligence . The technology is..
To Lam, the General Secretary of the Communist Party of Vietnam, is on an official visit to Bulgaria. He was welcomed at a ceremony in St. Alexander Nevsky Square by President Rumen Radev and his wife, Desislava Radeva, as reported by the Bulgarian..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
The annual planned maintenance of Kozloduy NPP Unit 6 starts today and is expected to last until early December, the nuclear power plant has announced...
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