Inside Bulgaria's Easter Celebrations: Traditions Passed Through Generations
Today marks the joyous celebration of Easter, one of the most significant holidays in the Orthodox Christian calendar.
Bulgaria is ranked 45th by the the Best Countries for Business report of Forbes magazine.
Performing among the world's "top 10" (9th) in "Trade Freedom", the country is also doing well in Investor Protection (14th) and Monetary Freedom (15th) and moderately in Technology (38th) and Personal Freedom (41th).
However, property rights (67th), Market Performance (82nd), and Innovation (93th) are among the areas where most of Bulgaria's drawbacks are to be found.
The country's profile reads that "despite having a favorable investment regime, including low, flat corporate income taxes, significant challenges remain. Corruption in public administration, a weak judiciary, and the presence of organized crime continue to hamper the country's investment climate and economic prospects."
Bulgaria has been slowly moving up compared to previous rankings, with the 2012 list placing it 49th.
"Despite a sluggish economy, Europe dominates the top of FORBES’ annual ranking of the finest countries for capitalism," a summary leading up to the ranking reads, adding European countries make up two-thirds of the first 25 in the list (topped again by Denmark).
The United States "slides four spots to No. 22", scoring "poorly on monetary freedom and bureuacracy/red tape."
New Zealand, No 2, is followed by Norway, Ireland, and Sweden.
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It's that time of year when the sun rises earlier, the days are warmer, and the desire for rest and adventure calls more and more often
The Kozloduy Nuclear Power Plant (NPP) in Bulgaria is set to embark on a significant transition as it begins the process of replacing Russian nuclear fuel with American fuel from Westinghouse
In a significant stride towards enhancing connectivity between Turkey and Bulgaria, the launch of direct flights between Istanbul and Sofia marks a milestone in air travel
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
In March, there was a significant uptick in Bulgarians traveling abroad, marking a 19.1% increase from the previous year, amounting to 679.1 thousand trips
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022