“Developing the existing industrial zones and creating new ones is important to successfully promoting and attracting investments from the Middle East and Africa. Bulgaria offers macroeconomic and political stability, which is key to any investment,” said Economy Minister Emil Karanikolov at a meeting with Egypt’s Minister of Investments Dr. Sahar Nasr.
Cairo and Sofia will set up a business council to help companies from the two countries get acquainted with the existing potential in different sectors.
“Even though trade between Bulgaria and Egypt is constantly growing, it is below the capacity of the two countries,” Agriculture Minister Rumen Porodzanov added. Dr. Sahar Nasr pointed to power generation, transport, communications, the food industry, agriculture and tourism as the most promising sectors for cooperation.
Bulgaria will not yet request an extraordinary convergence report - a key step towards joining the eurozone. This was announced by Finance Minister Temenuzhka Petkova from the rostrum in Parliament. She said that during her meetings with the EU..
On the eve of February 1 - the day on which Bulgaria pays homage to the victims of the communist regime - the We Continue the Change-Democratic Bulgaria (PP-DB) party announced that it was tabling a bill for the removal of all monuments that symbolise..
The Bulgarian Orthodox Church (BOC) is the only representative of the country's traditional Eastern Orthodoxy. This was decided by MPs in the final amendments to the Law on Religious Denominations. The amendment, which states that only the BOC can use the..
Bulgaria is well advanced in the process of meeting the criteria for joining the Eurozone, European Central Bank President Christine Lagarde said during..
On this day in 1905, 15 enthusiasts, university students, climbed the highest peak in Mount Vitosha near Sofia, in winter for the first time –..
Taxi drivers gathered at Sofia Airport in protest, blocking access to Terminal 2 for a short time on Friday afternoon. They are unhappy with the new..
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