Parliament has approved an increase in Bulgaria’s shareholding in the capital of the Black Sea Trade and Development Bank. At the beginning of 2023, the bank’s board of governors adopted a strategy for increasing its capital by over EUR 244 million by 2030. To keep its 13.5% shareholding, with EUR 93 million in paid-up capital, Bulgaria needs to pay another EUR 33 million in equal installments up until 2030.
The bank is the financial institution of the Black Sea Economic Cooperation organization and finances regional projects from the public and the private sector. After 1999 it has supported 39 projects in Bulgaria worth EUR 232 million, or 10.5% of all of the bank’s active operations.
Transformation – this is the word that most accurately describes the current state of the Bulgarian industry. According to an analysis of sectoral data for the period from 2008 to the beginning of 2024, made by the Institute for..
Tourism is one of the sectors in Bulgaria ready to the greatest extent to smoothly continue working after Bulgaria joins the Еurozone , the executive director of the National Tourism Board, Dr. Polina Karastoyanova, believes. In tourism, and at this..
Bulgaria can be a strategic partner of Japan for the region of Eastern and Central Europe. This was stated by Bulgarian President Rumen Radev as he welcomed the participants in the business breakfast organized by the Japan-Bulgaria Business..
The liberalization of the electricity market for household consumers and their entering the free electricity market, something companies did years..
Bulgaria's main trading partners are Germany, Romania, Italy, Greece and France, which account for 62.5% of exports to EU Member..
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly cloudy, chance of rain