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
Bulgaria’s central bank has given Hungary’s OTP Bank the green light to buy Societe Generale’s Bulgarian businesses, the central bank said in a statement on Wednesday, reports Reuters.
OTP’s Bulgarian unit DSK Bank will incorporate Societe Generale Expressbank AD’s market share of about 6.7 percent, with the cumulative 19 percent making it a contender for the top spot in the country’s banking market.
DSK, which has been profitable since OTP took it over in 2003, is Bulgaria’s second largest lender.
Societe Generale is selling businesses that either lack critical size or potential for synergies, opening the way for growth-hungry and well-capitalised OTP to expand in markets it considers core to its growth strategy.
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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
In a significant development, the Russian army has seized control of the pivotal village of Ocheretyne in the Donetsk region of Ukraine, a strategic location crucial for Ukrainian defense efforts
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022