Bulgaria’s capital Sofia placed among the world’s 30 fastest developing cities. Moreover, that city is first in Europe in terms of GDP (gross domestic product) growth in the past ten years, Sofia city Mayor Yordanka Fandakova announced at the first meeting with Mayors from Central and Eastern Europe and the Chinese 16+1 Initiative. Mayor Fandakova noted that the number of tourists visiting Sofia has increased with 60% in the past six years. Yordanka Fandakova reminded that the credit agencies reaffirmed Sofia’s rating, which allows that city to attract more investments. Mrs Fandakova also pointed out that according to a Bloomberg ranking, Sofia places 3rd in Europe in terms of the number of start-up companies in the IT field.
The benefits for Bulgaria from full entry into Schengen are estimated at over 800 million euros per year. The largest benefits will be for manufacturers and exporters. But while this macroeconomic effect is awaited, the benefits are already being felt..
On Monday, a section of the international road E-75 in Serbia will be blocked, the situation center of the Ministry of Foreign Affairs announced. The blockade is expected to be at the "Autokomanda" road junction, which is part of the..
On Monday, the lowest temperatures will be between minus 1 and 4°C; in Sofia – around 0°C. During the day, it will be mostly sunny. Before noon, in places in the valleys there will be fog or low cloudiness. The highest temperatures..
''Bulgaria has welcomed with great relief and joy the release of Bulgarian citizen Daniela Gilboa, who had been held captive by Hamas. This positive..
The Bulgarian National Radio has presented its annual journalism awards "Sirak Skitnik". The grand prize went to Tsveti Radeva, host of the folk music..
By the end of next week, the Confederation of Independent Trade Unions in Bulgaria (CITUB) will send the government its proposals to be..
Mostly Cloudy
Fog
Partly Cloudy
Clear