Corruption, slow justice and unpredictability caused by frequent legislative changes are what foreign investors in Bulgaria face, the annual report of the US Department of State on the investment climate in 170 countries reads. “Bulgaria is ranked 74th in terms of corruption. It is worrying that this is the level of countries like Tunisia and former Soviet Union countries and even Belarus is ahead of us”, Petar Ivanov, Executive Director of the American Chamber of Commerce in Bulgaria (AmCham) commented in an interview for BNR.
In his view, Bulgaria has the most obscure business laws. That is why, this country ranks 61st in the Doing Business annual ranking. Bulgaria performs better in the innovations ranking-40th among 129 countries.
The National Assembly removed its chairman Rosen Zhelyazkov from office. His dismissal was proposed by We Continue the Change - Democratic Bulgaria, Vazrazhdane and BSP for Bulgaria. 129 MPs voted in favour and 103 MPs voted against. Rosen..
''PP-DB are hypocrites. They are in a new coalition with Vazrazhdane and the Bulgarian Socialist Party. They make things much easier for me because there won't be any questions about the Movement for Rights and Freedoms, We Continue the Change,..
Nearly 400 cases of pertussis (whooping cough) have been registered in the country. We are at the beginning of a nationwide epidemic, Chief State Health Inspector Angel Kunchev said for Nova TV. 70 new cases have been registered on Monday and Tuesday..
In 2021, the value added of the EU’s information and communication technology (ICT) sector was equivalent to 5.5% of the EU’s gross value added: 4.7%..
After 4 years of investigation, the Sofia City Prosecutor’s Office has submitted to court the indictment against former gambling mogul Vassil Bozhkov,..
On Wednesday minimum temperatures in the country will range from 7 to 12° C., for Sofia 9° C. During the day there will be sun, with clouds over the..
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