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Month: January 2021

US State Department: Turkish Stream Undermines European Energy Security
January 17, 2021January 11, 2021

US State Department: Turkish Stream Undermines European Energy Security

The US State Department expressed its strong opposition to the Turkish-Russian TurkStream gas pipeline saying that together with the Nord Stream 2 they undermine the European energy […]

Spanish Delivery Service Glovo Wants To Set Foot In Bulgaria
January 17, 2021January 11, 2021

Spanish Delivery Service Glovo Wants To Set Foot In Bulgaria

The shutdowns of malls and restaurants first in March and then in end-November has seriously impacted the trade and hospitality industry but at the same […]

Bulgarian Milk And Meat Products Account For 70 Percent On Local Market
January 16, 2021January 11, 2021

Bulgarian Milk And Meat Products Account For 70 Percent On Local Market

Nearly 70% of dairy and meat products in large retail chains are Bulgarian, according to a survey by the Modern Trade Association. The most significant […]

Bulgaria: Heating Companies Agree To Provide More Information To Consumers
January 16, 2021January 11, 2021

Bulgaria: Heating Companies Agree To Provide More Information To Consumers

The Association of Heating Companies in Bulgaria supports State Energy and Water Regulatory Commission (KEVR) in its request to provide more information about the work of the […]

Bulgaria: Two-Thirds Of Small Businesses Cannot Service Their Loans
January 15, 2021January 11, 2021

Bulgaria: Two-Thirds Of Small Businesses Cannot Service Their Loans

More than 20% of small and medium-sized enterprises in the country have difficulty reviving their business impacted by the Covid crisis. More than 75 percent […]

Bulgaria: Whole Districts For Sale Along The Black Sea Coast
January 15, 2021January 11, 2021

Bulgaria: Whole Districts For Sale Along The Black Sea Coast

Brokers in the Black Sea city of Burgas report mass sales of apartments and retail outlets by the sea. Most of the listings for sale are by […]

Simeon Djankov: Next 3-4 Months Will Be Hard For Bulgaria
January 14, 2021April 14, 2021

Simeon Djankov: Next 3-4 Months Will Be Hard For Bulgaria

“Three or four difficult months are in store for the Bulgarian economy. Our major trading partners – Britain, Germany, France – are introducing severe ant-epidemic […]

You Can Get 20-Year 0 Percent Mortgages In Denmark
January 14, 2021January 11, 2021

You Can Get 20-Year 0 Percent Mortgages In Denmark

Denmark has the longest history of a country with negative central bank rates is offering homeowners 20-year loans at a fixed interest rate of zero. Customers of one […]

Prime Minister Borissov: Bulgaria Keeps Building Even in Pandemic
January 13, 2021January 11, 2021

Prime Minister Borissov: Bulgaria Keeps Building Even in Pandemic

“Even in the face of a pandemic, we are building. Bulgaria is a beautiful country, but it’s hard to implement construction projects here,“ stated Prime Minister Boyko Borissov, […]

BGN 24 Per Day Support Program For Workers Of Suspended Businesses Is Extended
January 13, 2021January 11, 2021

BGN 24 Per Day Support Program For Workers Of Suspended Businesses Is Extended

Bulgaria‘s Minister of Labor and Social Policy Denitsa Sacheva has issued a new order on the compensation for those employed in businesses temporarily suspended because […]

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