Nikolina Angelkova

Minister Angelkova: We are expecting a 5-10 percent increase in tourists this winter

A 5-10 percent increase in the number of tourists is expected this coming winter season, Minister of Tourism Nikolina Angelkova said. She added that the system of interconnection of hotel registers with the registers of the National Revenue Agency and..

published on 11/19/17 4:56 PM

Bulgarian Academy of Sciences: Building second Bulgarian NPP is possible, but under certain conditions

Will there be a second nuclear power plant in Bulgaria? This is a question that has not received a clear answer for some 30 years. Yesterday, scientists from the prestigious Bulgarian Academy of Sciences tried to give their opinion, which was..

published on 11/17/17 1:24 PM

Bulgaria down in WB’s ‘doing business’ annual ranking

Bulgaria is ranked 11 positions down (50 th now from 39 th ) in the annual ranking of the World Bank Group for doing business. The ranking is based on different criteria such as access to electricity, receiving of construction licenses,..

published on 11/14/17 12:13 PM

Bulgarian engineers to build water supply system in tourist area of Cuba

A Bulgarian company will participate in the renovation and construction of pipeline systems in Cuba. This happens by virtue of a signed Memorandum for the creation of a joint venture under Cuban law. A leading Bulgarian company will offer..

published on 11/11/17 9:15 AM

Bulgarian Stock Exchange uses government bonds to bring back foreign investors to the country

Alongside corporate securities, as of 1 November the Bulgarian Stock Exchange is also offering government securities. This, theoretically key player on the financial markets and in the national economy as such, has not, as yet, been able to..

published on 11/6/17 12:47 PM

Smart electrical systems plant opens in Kurdzhali next year

A Bulgarian smart power supply systems manufacturer has started the construction of a factory in Kurdzhali that will bring together, in one place, the entire production cycle of products, until now manufactured by subcontractors in different..

published on 11/2/17 9:20 AM
Deputy Premier Valeri Simeonov (left) and Finance Minister Vladislav Goranov

The budget like a plentiful and mouthwatering pizza

The government approved the Ministry of Finance draft budget of the country for 2018. It is now up to parliament to vote it and approve the financial law. No surprises are to be expected, as the ruling coalition – GERB and the nationalists –..

published on 10/31/17 1:27 PM

Special fund to ease access of start-ups to financing

A fund aimed to speed up financing of stat-ups with a budget of 100 million leva (about 50 million euro) is going to ease access to financing of start-ups in Bulgaria. The news has come from Deputy Minister of Economy Alexander Manolev at the..

published on 10/26/17 9:05 AM

40 percent of Bulgarians threatened by poverty: Eurostat figures

More than 40 percent of Bulgarians lived in risk from poverty or social exclusion in 2016, figures from Eurostat suggest. With these negative indexes this country fares worst across the EU. Nevertheless certain decline in these statistics was..

published on 10/18/17 12:58 PM

Koicho Rusev: electronic toll collection system must be properly implemented

Last week the Austrian consortium Kapsch Traffic Solutions won the public procurement order related to the design, construction and implementation of a electronic toll collection system in Bulgaria for the use of the national road network...

published on 10/17/17 11:16 AM