Direct foreign investments (DFI) in Bulgaria for the eleven months of 2014 lag behind with over 20% compared to the same period of the preceding year. Early figures from the Central Bank (BNB) show that for the period in question they amount to EUR 1.224 billion. The alarming signal about the confidence of the investors in the business climate in Bulgaria comes from the collapse in investments in share capital – almost the double – from EUR 861.1 million in January-November 2013 to EUR 441.8 million for the same period of 2014. Investments in share capital are viewed as an index about whether investors have long-term plans in a given country. The largest investors in Bulgaria since the start of the year in question are Holland (EUR 660.6 million), Austria (231.4 million), Switzerland (EUR 180.8 million)and Russia (EUR 179.1 million), while Germany has drawn back the largest amount of investments (EUR -211.7 million).
"Money for salaries in the tourist sector has increased many times, but there are no staff in Bulgaria." This statement about the state of the tourism industry in Bulgaria was made by Veselin Nalbantov, Deputy Chairman of the Bulgarian Hotel and..
Thousands of miners and energy workers, members of the two main trade unions, the Confederation of Independent Trade Unions in Bulgaria (CITUB) and the trade union "Podkrepa", gathered in the area between the buildings of the National Assembly and the..
The National Assembly removed its chairman Rosen Zhelyazkov from office. His dismissal was proposed by We Continue the Change - Democratic Bulgaria, Vazrazhdane and BSP for Bulgaria. 129 MPs voted in favour and 103 MPs voted against. Rosen..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many..
Today Bulgaria is hosting a global event of the Organisation for Economic Co-operation and Development. The results of the organisation's global..
On Saturday, minimum temperatures in the country will be between 5 and 10°C, around 5°C in Sofia. The morning will be sunny. In the afternoon it will be..
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