Bulgaria Tops Europe in Black Caviar Exports
Bulgaria has emerged as Europe’s top exporter of black caviar, according to Assoc. Prof. Violin Raykov from the Institute of Oceanology at the Bulgarian
China's second-largest bank, China Construction Bank, is considering entering Bulgaria. This was stated by the President of the Bulgarian Chamber of Commerce and Industry Tsvetan Simeonov to Bloomberg TV Bulgaria. According to him, China Construction Bank Corporation's assets are worth 3.3 trillion. dollars and an annual profit of $ 37 billion, have visited Bulgaria together with the executive vice-president of the bank and a very serious team and their representative in Luxembourg.
"They are very serious about the topic of their presence in Bulgaria and its form. Unfortunately, the state institutions were not interested, but we will make sure that the information we have gathered will reach them and in the next visit can be negotiated in greater detail with the institutions on which the implementation of this intention depends "Simeonov told the host Hristo Nikolov.
Last week, a presidential announcement made it clear that the head of state, Rumen Radev, has invited a Chinese bank to open a representation in Bulgaria, but without reporting which bank.
China Construction Bank Corporation is one of the leading commercial banks in mainland China and began its operations in October 1954 as China Building Bank. It is listed on the Hong Kong Stock Exchange since October 2005 and on the Shanghai Stock Exchange since September 2007. At the end of 2018, the Bank's market capitalization reached $ 207.179 billion, making it the fifth largest bank in the world. With 14,977 branches and 345,971 employees, it provides complete financial services, including personal banking, corporate banking, investment management to hundreds of millions of individuals and corporate clients.
China Construction Bank Corporation has a wide-ranging worldwide presence - over 200 branches and subsidiaries of all levels in 29 countries and regions around the world. Subsidiaries cover multiple business areas such as mutual funds, finance leases, life insurance, property insurance, investment banking, futures and pensions.
The Bulgarian National Bank (BNB) is marking the 125th anniversary of the electric tram in Bulgaria with the release of a new silver collector coin.
Bitcoin prices recently faced a correction, with significantly increased market volatility.
Bulgaria’s transition to the euro is proceeding smoothly, marking a major step in the country’s full integration into the European Union, according to an analysis by the Fiscal Council.
The Coordination Center for the Euro Mechanism provided an update on the implementation of the euro in Bulgaria, highlighting that the process is progressing in an orderly and coordinated manner
Bulgaria’s outgoing Agriculture Minister Georgi Tahov has assured that the European Union’s trade deal with Mercosur will not negatively affect the country’s economy, pointing to the very limited trade between Bulgaria and the South American bloc.
Simeon Dyankov, chairman of Bulgaria’s Fiscal Council, has warned that price increases implemented by traders are likely to remain in place despite new laws and fines
Bulgaria's Strategic Role in the EU's Drone Wall Defense Initiative
When Politics Means Violence