Bulgaria's Eurozone Aspirations: Fitch Ratings Affirms Positive Outlook
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
"Nearly 1 billion euros are the Turkish investments in Bulgaria, and only for the first half of 2019. Turkish companies have invested 23m euros in our country, "said Economy Minister Emil Karanikolov, the ministry's press centre reported.
He emphasized Bulgaria's advantages as an investment destination and pointed out that there has been stable economic growth in recent years, and that the country is a leader in the region in terms of financial stability, macroeconomic development and credit rating.
"Bulgaria is among the countries with the lowest tax rates in Europe and has the lowest operating costs in the EU," he said, adding that he is actively working on the development of industrial zones throughout the country and investment in education. According to him, a growth of exports and Gross Domestic Product is reported, and the goods exported from the country have high added value, which improves the competitiveness of the economy.
"There is potential to attract investment in areas where we have competitive advantages such as manufacturing parts and components for the world's leading car manufacturers, innovations, information technology and telecommunications, mechanical engineering, electronics and electrical engineering, chemical and pharmaceutical industries, and projects for construction and modernization of the transport infrastructure, "Karanikolov added.
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Bus line 384, which previously operated between Druzhba-2 district and Sofia Airport, has been officially discontinued, announced the Center for Urban Mobility.
Lazarus Saturday is a Christian holiday dedicated to Lazarus of Bethany and his miraculous resurrection by Jesus Christ and celebrated on the Saturday before the feast of Palm Sunday and Holy Week
During the night, expect mostly clear skies with scattered high clouds, bringing generally calm weather with temperatures ranging between 5°C and 10°C, around 5°C in Sofia
Maria Bakalova, the Bulgarian breakout star from the hit movie "Borat Subsequent Moviefilm," is set to embark on a thrilling new adventure alongside Hollywood heavyweights Ryan Reynolds and Kenneth Branagh
The Ministry of Health in Bulgaria has announced a significant initiative to provide free whooping cough vaccines to all pregnant women between 27 to 36 weeks of gestation
Minister of Transport and Communications Georgi Gvozdeikov and the management of the Polish company "Stadler Polska Sp. z o. o.” have inked a deal for the procurement of seven double-decker trains
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022