Holland Changes Name To Netherlands

Changing the name costs EUR 200,000 to the country’s budget.

On 1 January 2020 the name Holland officially ceases to exist as a designation of the Netherlands State. This was reported by local authorities, cited by BGNES.

Institutions, local authorities, universities, private companies and the media have to use the name Netherlands since the beginning of the year. The government believes the measure will allow the country to get rid of its image in a drug and prostitution setting.

Authorities in the country believe that the tourist flow will be redistributed, as today most tourists visit the historically old Netherlands – Amsterdam and The Hague – and these cities cannot cope with the huge influx of visitors.

The reform to change the country’s name will cost the kingdom a budget of € 200,000. Earlier, it became clear that the authorities in Amsterdam wanted to eliminate the use of the name “Red Light District”. Its name for all city signs will be replaced by its historic name “De Wallen”

Read More

Government Puts Aside 12 Million BGN For New Dam Company

The government has allocated more than BGN 12 million for the maintenance of the new state-owned Dams Management Company.

BiC To Create 400 New Jobs In Bulgaria

The French company Bic, producing lighters, pens, etc. will open an office in Sofia. With it, the company will provide...

400 Million BGN Invested In Real Time Air Pollution Tracker

Government allocated about BGN 400 million to improve the indicators, reported NOVA TV.  "The new real-time air quality information...


Romanian Food Chain ‘Spartan’ Expands To Bulgaria

Romanian entrepreneur Stefan Mandachi is expanding his food chain Spartan abroad, investing EUR 125,000 in the chain’s first unit in Bulgaria. The...

Bulgaria’s Richest Woman Made BGN 10.6 million last year

BGN 7.5 million taxable income is the highest declared annual income for last year, it became clear from the NAtional Revenue agency's tax return...

Bulgaria & Luxembourg To Work Together On EU Accession Of North Macedonia & Albania

Deputy Prime Minister and Minister of Foreign Affairs Ekaterina Zaharieva and Minister of Foreign Affairs and European Affairs and Minister of Immigration and Asylum Jean...