Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused on the IT sector and the field of services as the most important areas of cooperation. It was pointed out that the five largest Indian IT companies have already opened offices in Bulgaria.
In recent years there has been significant interest from Indian companies for investments in Bulgaria in sectors such as agriculture, defense, pharmaceutical industry, engineering, clinical research, tourism. In order to activate the bilateral cooperation, holding a meeting of Bulgarian-Indian intergovernmental commission for economic cooperation is planned in the beginning of 2025.
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
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