Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
French companies are considering the option to move their China-based production facilities to Bulgaria, Economy Minister Bozhidar Lukarski has said.
Lukarski told Darik Radio that this was "the impression" conveyed by a business forum held in Paris at the same time when the Thracian exhibition, displaying Bulgarian treasures including a life-size head of ruler Seuthes III, was opened at the Louvre.
Lukarski explained that it was the dollar jumping high that made production costs in Bulgaria more attractive than those in China.
He added that "several" (though unnamed) French investors are expected in Bulgaria "next month" to consider either joint projects with Bulgarian companies or deals involving the companies' possible purchase "if there is interest on the Bulgarian side."
In his words, "a very serious project" involving funding from a Scandinavian country should be expected soon.
Lukarski, who is a member of a junior coalition partner, the right-wing Reformist Bloc (RB), added that the government was seeking options to reduce the administrative burden on businesses and also to work toward lower electricity prices for industrial consumers, who pay the biggest energy bills compared those in all other EU countries.
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The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022