Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
The municipal council of Vratsa approved almost unanimously the sale of 83 decares of land to the German company MD Elektronik. The company already has an A-class certificate from the Bulgarian Investment Agency. It will invest 22 million leva in the new plant. It is expected that 300 jobs will be created in the first instance and later the expansion of the team to 1 000 people. The company manufactures data cables in cars as well as sensors and multimedia modules. MD Elektronik's customers are over 40 car manufacturers worldwide. The company's cables can be found in more than 200 models currently on the market. The company has factories on three continents and its largest plant is in the Czech Republic. The other two are in China and Mexico, and the one in Bulgaria will be the fourth in size. Their headquarters is located in Germany. Altogether about 5,000 people work for the company.
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Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022