Bulgaria’s Deputy Premier and Minister of Economy Kornelia Ninova visited the Sofia-Bozhuristhe Industrial Zone. EUR 100 million will be invested in the construction of the largest logistics base in the Balkans. The investment is expected to create more than 200 new jobs, the Ministry of Economy announced.
According to Kornelia Ninova, the economic crisis forced many global companies to shorten the supply chains and seek conditions to relocate their business to Bulgaria.
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price of over 90 euros per megawatt hour on the stock exchange. The previous threshold was 100 euros. The..
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted...
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