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.
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the current law, it was supposed to happen from July 1, 2024. This means that on July 1, the Energy and..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place at the Mental Calculation Olympiad, which was held online. Kaloyan scored 243 points and thus..
President Rumen Radev did not say whether he would sign decrees for the replacement of two ministers – the Minister of Foreign Affairs and the Minister of Agriculture, as requested by caretaker Premier Dimitar Glavchev. President Radev invited..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
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