Stability Reigns: Sofia Real Estate Market Thrives Despite Uncertain Times
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
Representatives of the Silk Road Chamber of International Commerce (SRCIC) here on Tuesday called for more cooperation between China and Bulgaria under the Belt and Road Initiative, reports Xinhua.
"Participating in the Belt and Road Initiative will facilitate Bulgaria's infrastructure improvement, accelerate its social and economic development, and enhance its people's living standards," SRCIC's Vice Chairman and Secretary General Li Zhonghang said while addressing a business forum.
The China-proposed Belt and Road Initiative has received positive responses and participation from more than 140 countries and regions, Li said. It was fair to say that it has brought opportunities to the world.
Alexander Tomov, senior advisor at the SRCIC, said in turn that there is national consensus in Bulgaria on the relations with Chinese business.
It was needed to connect Bulgarian and Chinese businesses, build bridges in every possible sector, and support Bulgarian companies to understand Chinese market and vice versa, Tomov said, adding this is "not against Europe".
"Bulgaria can be one more door or window if you want for Chinese investment in Europe," said Tomov, who was Bulgaria's Deputy Prime Minister in the 1990s.
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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