Bulgaria officially responded to the note submitted last week by Russia. Foreign Minister Passy said that no legal grounds exist for Russia to claim Bulgartabac's property. The Russian authorities demanded with a note on December 18 the return of the Russian properties in Bulgaria. The document raises Russia's claims to assets of tobacco monopoly Bulgartabac Holding Russia says it became owner of twelve Bulgartabac subsidiaries after WWII as part of reparations it received from Germany. Bulgaria was an ally of Germany during the war and Germans owned tobacco companies in Bulgaria then. In 1953 Moscow rented its Bulgarian tobacco assets to the communist cabinet in Sofia freely, but now it wants them back, according to Russian officials. Economy Minister Nikolay Vassilev said that Bulgaria bought back the mentioned property at the end of 1940s.
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According to the National Statistical Institute, the overall business climate indicator in March 2024 remains stable compared to February, hovering around 23%
The concessionaire company Fraport Twin Star Airport Management announced that Burgas Airport will kick off the active flight season with its first flight since Bulgaria's entry into the Schengen area by air, scheduled for the end of March.
During debates on a draft decision concerning the Bulgarian Energy Holding, Minister of Finance Asen Vassilev announced that Bulgaria is on the brink of entering the Eurozone as it meets the inflation criterion
After nearly a decade-long absence, the renowned French retail chain Carrefour has made a triumphant return to Bulgaria, marking its comeback with the opening of two supermarkets in Sofia
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
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