The European Court of Auditors (ECA) is on high alert about the risk of fraud and abuse associated with the €750 billion EU Pandemic Recovery Fund, DPA informs. […]
Category: Business in Bulgaria
Bulgarian Power Industry Gears Up For Green Technologies
Bulgarian power generation industry is switching over to a “green mode” of operation. This is the conclusion based on the recent amendments to the Recovery […]
Aluminum Profiles Smart Plant To Be Built Near Plovdiv By Bulgarian Investor
The construction of BGN 40 million production plant for aluminum profiles, the largest on the Balkans, has started in Trakia Economic Zone. Minister of Economy Lachezar […]
World Bank Lowers Growth Forecast For Bulgarian Economy in 2021
The World Bank expects Bulgaria’s economy to grow by 2.6 percent this year and by 3.3 percent next year, which is respectively 0.7 and 0.4 percentage points less […]
Ivan Kovachev Is The Second Bulgarian On The 2021 Forbes 30 Under 30 List
Along with actress Maria Bakalova, Ivan Kovachev is the second Bulgarian on the Forbes 30 Under 30 List. Kovachev is the founder of payment and […]
Wizz Air Offers New Summer Route From Sofia To Zakynthos
Wizz Air, the fastest-growing airline in Europe and the leading airline in Bulgaria, today announced that it is adding a new summer destination to its Sofia […]
Eurostat: Hourly Labour Costs Ranged From EUR 6.5 In Bulgaria To EUR 45.8 In Denmark in 2020
In 2020, average hourly labour costs across the economy (excluding agriculture and public administration) are estimated at EUR 28.5 for the European Union and EUR 32.3 within […]
Bulgaria: Big Retail Chains Angry At Government For Not Lifting Lockdown And Lack Of Support
Another angry open letter was sent today by the Association for Modern Trade (MTA) , an organization that brings together some of the largest food […]
EC Approves Bulgaria’s Modified Payroll Support Measures
The European Commission said on March 30 that it has approved the extension and modification of a Bulgarian wage-support program under the EU state aid temporary framework […]
Iceland Introduces 5-Day Quarantine In Hotels For Arrivals From Bulgaria
From April 1, Iceland introduces mandatory five-day quarantine in a hotel upon entry into the country for Bulgarian citizens including, the foreign ministry said. The measure applies to arrivals […]