According to preliminary data of the Bulgarian National Bank, at the end of 2016, foreign investments in the Bulgarian economy totaled 682.8 million euros, which means a decline of 59.7 percent from a year earlier.
Throughout 2016 the growth rate of foreign investments has been slower in comparison to 2015. The main flows of foreign investments continue to come from offshore locations such as Luxembourg, as well as from countries with favorable tax legislation such as the Netherlands, where a number of subsidiaries of many companies from third countries that operate in Bulgaria are registered.
President Rumen Radev handed over the second exploratory mandate to form a government to the second largest parliamentary group in the 50th National Assembly - "We Continue the Change" - "Democratic Bulgaria" coalition (PP-DB). At the handing..
A contract between the US Trade and Development Agency and the Electric Power System Operator for the feasibility study for the East-West Energy Corridor was signed at the Council of Ministers. The funding, amounting to USD 1.2 million, is..
Residents of the village of Kavrakirovo, near Petrich, came out in protest because of a proposal submitted to the municipal council of the municipality of Petrich, which affects nearly 100 ha of forest land . According to the protesters, it is about the..
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and..
“For us this election has to be the last for the coming years. No more compromises with the people, with society or with the political system should..
Bulgaria ranks 10 th in Europe, and 25 th in the world in wine production, Sophie Pallas, director of the International Organisation of Vine and..
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