Bulgaria Posts 46.4% Drop in FDI in Jan-Nov 2016
Foreign direct investment into Bulgaria from January to November 2016 was nearly half the value of the first 11 months of 2015, the Bulgarian National Bank has said.
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Borislav Stefanov. Photo by karieri.bg
Borislav Stefanov, deputy executive director of InvestBulgaria Agency, has been appointed its head, the economy and energy minister announced on Monday.
The appointment comes shortly after the agency's previous head Stoyan Stalev submitted his resignation.
“My first priorities will aim to improve Bulgaria's marketing strategy for the attraction of new investments and to create better conditions in the country for the big investors,” Stefanov commented after the news broke.
Meanwhile Economy and Energy Minister Traicho Traikov announced a number of measures, which will seek to attract new capitals to the country, such as lower thresholds for the investors Class A and B and incentives for investors who create new jobs.
The proposed changes will be subjected to a wide public debate.
Dr. Boyko Takov: Analytical and empirical results from ongoing projects constitute a solid information base
Up to 90 percent of construction and renovation workers in Bulgaria are operating outside the legal framework, according to entrepreneur Lozan Lozanov, who raised concerns about the lack of regulation in construction and installation services
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Mobile slot gaming has exploded in popularity, and it’s easy to see why.
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Boris Azarenko is an entrepreneur whose professional background lies in banking and finance and who later founded major property development businesses.
Aniventure Comic Con Returns to Bulgaria with Star Guest Christopher Judge!
Global Fuel Shock: Oil Jumps Over 40% Since Iran War Began