EU Extends Ukrainian Refugee Protection Until 2026
The European Union has extended temporary protection for Ukrainian refugees until March 4, 2026
Telecoms operator Telenor has been fined over BGN 5.2 M by the Commission for the Protection of Competition (KZK) because it misled customers about the speed of the 4-G network offered by the company for nearly a year and, thus, attracted clients by violating the rules of competition.
KZK’s decision was taken on October 14 but it was announced not by the anti-monopoly body but by the competitor of Telenor – Max Telecom. The suit against Telenor was initiated after Max Telecom filed a complaint against the Norwegian operator.
The fine of BGN 5,241,980 imposed on the company is 1% of the turnover of Telenor for 2015. KZK described the penalty as mild.
Despite the global escalation of the trade war, there have been no significant negative trends in Bulgaria’s tourism sector so far
Intercompany debt is a common aspect of the business landscape, both in Bulgaria and Western Europe
Starting April 17, Bulgaria Air has launched a new seasonal direct route between Varna, Bulgaria, and Paris, France
Bulgarians may begin exchanging their lev for euros if the upcoming convergence report
In July, Bulgaria’s eurozone entry plans will be definitively clarified
A recent survey by the Bulgarian Industrial Capital Association shows that many Bulgarian companies anticipate a decline in production due to the new tariffs on imports announced by U.S. President Donald Trump
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase