Escaping the Stigma: Bulgaria's Bid to Shed Its 'Poorest' EU Status
Bulgaria is on the brink of shedding its label as the "poorest" country in the European Union, with recent data revealing a promising trajectory towards economic convergence
A new Black Sea Roll-On/Roll-Off (RO/RO) connection between the ports of Bulgarian city of Burgas and the Georgian Poti will be officially launched on August 13.
The operator Port Bulgaria West seeks to establish a sea connection between the Caucasus and Trans-Caucasus region and the European Union and the Russian Federation, Darik news reports.
The route will be serviced by a ROPAX vessel that will carry passengers and goods, providing an alternative to land transport between the markets of Georgia and the Russian Federation.
The line is expected to carry a variety of cargo from Turkey to Russia, as well.
Economic analyzes have indicated that the RO/RO connection will be of interest to Russian tourist companies carrying passengers to Bulgaria and Greece, Darik news notes.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape
Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), delivered a stark assessment of the European Union's (EU) economic performance, highlighting concerns over its lackluster growth compared to global counterparts
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022