Germany Urges Swift EU Accession for Western Balkan Countries
German Foreign Minister Annalena Baerbock has issued a compelling call for the expedited integration of candidate countries from the Western Balkans into the European Union
Tesla, the American electric car maker, plans to produce 500,000 electric vehicles annually at its new factory, 140 km from the German capital Berlin, near Brandenburg.
German media reported on Wednesday, citing planning documents for the construction of the plant, that Tesla would invest around € 4 billion in the plant and employ about 10,000 staff. Construction of the plant is expected to begin in 2020.
The chief executive of the US company Elon Musk said earlier that Germany had been chosen over Britain because of Brexit, and that the 420-football-size site would be used to build Tesla electric vehicles from Model 3 and Model Y.
Elon Musk said: "Everyone knows that German engineering is outstanding and that's part of the reason we are locating our Gigafactory Europe in Germany," adding that Tesla will also set up a design and engineering center in Berlin.
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According to Dimitar Radev, the Governor of the Bulgarian National Bank (BNB), Bulgaria will not meet all the requirements for joining the Eurozone by the time the convergence report is released in June
The Bulgarian National Bank (BNB) has initiated a trial minting process for 8 million euro coins, as announced by BNB Governor Dimitar Radev during a conference on the euro's introduction
The "Blue Flag" program's international jury has recognized the excellence of 23 Bulgarian beaches and the Marina "Dinevi" by awarding them with the prestigious certificate
The Central Halls in Sofia (Tsentralni Hali) are set to reopen on May 23 following extensive renovations and restoration efforts led by Kaufland Bulgaria
The seaside resorts of Bulgaria are facing an urgent shortage of lifeguards and medical personnel, exacerbated by new regulations mandating a higher presence of medical specialists at rescue stations
The Ministry of Finance anticipates a 9.3% increase in wages for Bulgarian businesses this year, as outlined in the latest Convergent Program of Bulgaria
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU