According to data of the Bulgarian National Bank, foreign direct investments in the country exceeded EUR 3.5 billion in 2023, Minister of Innovation and Growth Milena Stoycheva said today in Varna, quoted by BTA. The Ministry of Innovation and Growth issued investment project certificates worth more than EUR 300 million, which are expected to create more than 2,300 jobs.
Investors are interested in various areas, including electromobility, electrical components, software, biotechnology, bioeconomy, microelectronics, mechatronics. According to Minister Styocheva, investors from all over Europe, Asia, Turkiye and the USA are interested in Bulgaria.
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..
Moody's expects Bulgaria to join the Eurozone no later than the beginning of 2026. According to the rating agency, the growth of the Bulgarian economy in 2024 will be 2.9%. The ongoing domestic political crisis and the likelihood of new early elections..
Sofia is the best city in Europe to retire to, according to a survey by the business solutions company Moneypenny, Forbes writes. The survey..
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