A fund aimed to speed up financing of stat-ups with a budget of 100 million leva (about 50 million euro) is going to ease access to financing of start-ups in Bulgaria. The news has come from Deputy Minister of Economy Alexander Manolev at the opening of a conference that attracted more than 200 managers, business leaders and investors from 27 countries. The deputy minister pointed out that the business environment in Bulgaria is favorable and that not only start-ups from Bulgaria but also from neighboring countries have received capital from various risk investment funds. The Ministry of Economy vowed that during the new programming period it would continue support for the development of a sustainable ecosystem to the benefit of entrepreneurs in the country.
IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were being hired regardless of their expertise or practical skills, but now preference is given to people..
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Andrey Gyurov will cease to perform his duties as Deputy Governor in charge of the Issue Department and Member of the Governing Council of the Bulgarian..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the..
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