Since the establishment of the European Fund for Strategic Investments, better known as the Juncker Plan, projects in Bulgaria using its framework total 773 million euros. The guarantees are expected to attract 4.7 billion euros in..
The coronavirus pandemic has deepened economic disparities between Sofia and other Bulgarian regions. It has also resulted in higher unemployment in 2020. According to the annual report of the Institute for Market Economics on the development..
Although 2020 ended less than a week ago, the consequences of the Covid-19 crisis that marked it, will have a long effect on the mental, emotional and especially the financial well-being of Bulgarians and of all other nations in the world. We..
Projects worth over 1 billion Leva have been certified in 2020, Minister of Economy Lachezar Borisov stated during a working meeting with Prime Minister Boyko Borissov, as quoted by BTA. This, in the words of Minister Borisov, is a record in..
The Bulgarian Development Bank has officially joined the Investment Fund of the Three Seas Initiative and is already a Class A shareholder with a contribution of EUR 20 million. The fund is expected to raise 5 billion euros and will increase funding..
“Despite the delay amidst the pandemic we are registering an investment interest in Bulgaria, in productions and business services with added value. Information and communication technologies, outsourcing are among the leading sectors which attract..
MPs have adopted at first reading amendments to the Law on Bulgarian Citizenship. They provide for citizenship to be acquired in case of long-term investments and opened jobs. The changes were undertaken after criticism by the EC, which a few days ago..
Because of the Covid-19 pandemic, 2020 is expected to end with a 10% drop in total expenses for advertising and spending will return to the levels of 2018 - about BGN 415 million (208 million EUR). However, digital media advertising could mark..
Despite the Covid-19 crisis, since the beginning of 2020, certificates to 22 projects totaling 363 million euros have been issued under the Investment Promotion Act, as they have the potential to create 3203 new jobs. This was announced by the..
The Minister of Economy Lachezar Borisov presented 4 certificates for investments class "A", the Minister's press center announced. "Harmony 2012" in Kardzhali invests 23 million euros in a plant for processing zinc-containing materials. Alcomet in..
