Bulgaria is among the countries with the cheapest labor in the European Union, with low and fixed corporate and income tax. This makes it an attractive destination for many investors with lower business costs.
However, foreign investors remain concerned about the rule of law in this country. This is seen in the annual report of the US Department of State on the investment climate in Bulgaria. Among the problems pointed out by investors are widespread corruption, difficulty in obtaining permits, unpredictability due to frequent regulatory and legal changes, as well as sporadic attempts to terminate long-term contracts.
Sunday will be mostly sunny. In the afternoon, clouds will develop over eastern Bulgaria, but there will only be isolated showers and thunderstorms. There will be light to moderate winds from east-northeast. Maximum temperatures will be between 33°C and..
Military Minister Atanas Zapryanov has confirmed to journalists that he would accept to remain in the next caretaker cabinet if offered the post. "The main long-term priority in the next caretaker mandate will be personnel. We will develop a..
Dimitar Glavchev has a second chance to present a cabinet that will ensure the holding of fair and transparent elections , so that we can have a new government in a few months, Vice President Iliana Iotova told journalists. Ms Iotova attended the..
As the snap election draws nearer, GERB leader Boyko Borissov called for shared responsibility with the other political forces. This took place at a..
23 August is a day of commemoration of the victims of the crimes committed by the national socialist, communist and other totalitarian regimes...
In 2023, farming products and food accounted for 47% of Bulgaria’s total exports to China. With regard to these exports in 2022 and 2023, Bulgaria..
Partly Cloudy
Clear