Bulgaria’s National Assembly ratified the agreement between Bulgaria and the World Bank to open an office of the International Bank for Reconstruction and Development in Sofia. Over 300 highly-qualified experts in IT, finance, human resources and health sectors will be employed at the Bulgarian office of IBRD. Other functional units for outsourcing and shared services are also expected to be established in the region. The World Bank expects that the net revenues for Bulgaria from operations of the Bulgarian office of the International Bank for Reconstruction and Development will exceed EUR 2.3 million in five years.
To insist on seeking a military settlement to the conflict in Ukraine is a losing venture. Europe should support the efforts of the US to find a better solution, said President Rumen Radev at the Chief of Defence Annual Conference in Sofia. At..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US President Donald Trump and French President Emmanuel Macron at the White House. “The institutions in..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air defence systems and CAESAR self-propelled howitzers. The Ministry of Defence applied for and..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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