Bulgaria has overcome the consequences of the economic crisis, but this is due to the rapid growth of just 9 regions, while in the remaining 19 regions the actual GDP is still lower in comparison to 2008. Regional disparities are growing and deepening, while the absorption of EU funds has not achieved its main goal - bringing regions in the country closer to each other in terms of economic development as well as shortening the distance to the level of prosperity in Europe. The differences are especially pronounced in the labor market and the education system. These are some of the findings in the fifth annual study "Regional Profiles: Development Indicators 2016" prepared by the Institute for Market Economics.
By a government decision, as of today an interdepartmental council is being set up for the screening of foreign direct investments. It will examine the applications submitted for making foreign direct investments in Bulgaria by investors registered..
The initiative of the British Embassy Sofia ''Ambassador for a Day'' will be held for the eighth consecutive year under the auspices of Vice President Iliana Iotova, announced the press office of Bulgaria’s Head of State. The competition for..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the Swedish island of Gotland. An investigation is currently underway in Sweden. We do not have..
Seven years after buying the Denny ice cream factory in Veliko Tarnovo, London-based multinational Unilever is closing the plant. The company did not give..
''A Bulgarian ship was detained on suspicion of damaging a telecommunications cable under the Baltic Sea between the Latvian city of Ventspils and the..
Bulgaria’s Minister of Defense Atanas Zapryanov is leaving on a three-day visit to the United States, the Ministry of Defense said. Minister Zapryanov..
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