Europe

Airbus To Lay Off Over 2000 Employees

Airbus will cut 2362 jobs in its defense and space division by the...

Bulgaria Has One Of The Worst Rail Systems In The EU

Traveling by train in Bulgaria is not like walking in the park at all,...

Bulgaria’s Entry In ERM 2 Currency Mechanism Delayed

Bulgaria is likely to join the ERM II currency mechanism a few months later...

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Bulgaria Has The Lowest Minimum Wage In The European Union

According to a Eurostat survey, data show that as of January 1, 2020, 21 EU member states have a national minimum wage - only Denmark,...

Neo London Plans $10 Million Listing On Bulgarian Stock Exchange

The Bulgarian Stock Exchange said on Thursday that it has received a request for admission to trading of local Neo London Capital's ...

Pound Rises After Brexit Vote In British Parliament

The pound has risen after MPs voted to reject Theresa May's Brexit deal by 230 votes, reported BBC.  The vote opens up a range...

Bulgarian Sex Market Is Booming

There is a growth of the Bulgarian sex market, according to a report by the Centre for the Study of Democracy (CID). Expert Tihomir Bezlov...

IMF Hopes For Positive Bulgarian Reforms

Bulgaria's solid economic growth, low unemployment and sizable current account surplus open the door for the country's government to push ahead with...

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329 Million BGN Of E-Vignettes Sold In 2019

Earnings from purchases of electronic road tax vignettes – “e-vignettes” – by Bulgarian and foreign drivers of light or heavy vehicles added...

PM Borissov: Black Sea Not Place For Warships

'The conflict in the Black Sea is a conflict that common sense should not allow'', Prime Minister Boyko Borisov told the media in parliament, BGNES reported. ''The Black...

Three Companies Bid To Provide Bulgarian Navy With Patrol Boats

Bulgaria's defence ministry said on Wednesday that its 984 million levs ($567.4 million/503.1 million euro) tender for supply of two multi-functional modular Navy...

Paysera Enters Bulgaria

Paysera Bulgaria, a franchisee of Lithuanian online payment services provider Paysera LT, has opened a representative office in Romania, company officials...

Banks In London Are Flocking To Frankfurt

Banks which are seeking for a new European financial centre after Brexit have so far turned their preferences to Frankfurt, according to a study by German...