“Despite the delay amidst the pandemic we are registering an investment interest in Bulgaria, in productions and business services with added value. Information and communication technologies, outsourcing are among the leading sectors which attract investments, alongside electronics, transport machines, chemistry, the food industry and logistics,” said Deputy Minister of Economy Stamen Yanev at a video conference with representatives of Swedish companies, BGNES reports. “The investments coming from Sweden in 2019 amounted to 32.3 million euro from the total flow into Bulgaria of over 1.138 billion euro, which shows there still exists untapped potential,” Deputy Minister Yanev said.
The residential real estate market in Sofia in the second quarter of 2024 remains stable and active. Despite forecasts for a possible lull, the trends show a rise in prices and a significant increase in demand. This is shown by an analysis of one..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey takes into account factors such as average cost of living, retirement savings needed, and a variety of..
The Bulgarian National Bank has lowered the base interest rate for the second consecutive month. As of August 1, it stands at 3.53%, down from 3.63% in July. Since the end of 2023, the base interest rate has been gradually falling. From February..
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