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.
The government will request an extraordinary convergence report to assess Bulgaria's readiness to join the eurozone. This is what Prime Minister Rosen Zhelyazkov told journalists in Brussels, quoted by BTA. He confirmed that joining the eurozone..
The Vezhen, detained for damaging a fibre optic cable in the Baltic Sea, has been released. The investigation found no evidence of sabotage. This was announced by the Swedish prosecutor's office. A few days ago, the Bulgarian vessel Vezhen, flying..
We will talk about defence funds. We believe that it is too early to talk about increasing the budget when a number of countries have not yet reached 2%, Prime Minister Rosen Zhelyazkov said as he entered an informal meeting of EU leaders in Brussels...
Nuclear physicist Vasil Gurev fell into a deep ice crevasse during geophysical scientific research on the Contell Glacier in Antarctica, near the..
Bulgaria’s Minister of Interior Minister Daniel Mitov announced with a post on the social networks that the General Directorate for Combating Organized..
"We need drones for aerial surveillance so we don’t have to use helicopters and airplanes to monitor the Bulgarian waters", said one of the..
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