InvestBulgaria Agency (IBA) government agency is organizing an international business and investment forum in Sunnyvale in the Silicon Valley in California, USA.
The event, aimed at asserting Bulgaria as a successful investment destination, is being organized under OP “Innovation and Competitiveness” 2014-2020, and targets outsourcing and IT. It is part of a roadshow that will end in Portland, Oregon on 8 December. Keynote speaker is former Bank of America Vice President Ryan Fisher who currently works in Bulgaria as CEO of Hill City Global Sofia. He will present Bulgarian business and the startup environment in the country.
The Bulgarian National Bank (BNB) announced that it is lowering the base interest rate to 3.63% as of July 1. In May and June, the base interest rate was 3.78%. Bulgaria is in a currency board and the Bulgarian lev is pegged to the euro. Therefore,..
Bulgaria fulfils three of the Maastricht criteria for joining the euro zone, but still does not meet the price stability and inflation targets, according to a report by the European Commission, as quoted by BTA. Bulgaria does not currently meet the..
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Until the end of 2024, businesses will continue to receive compensations for high electricity prices. They will be 100% after a price..
Deposits in banks for the first quarter of 2024 have reached a record level of 75.4 billion euros. From January to March, deposits..
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