Nearly 20% of Households in Bulgaria and Greece Face Winter Without Adequate Heating
Nearly one in five residents in Greece and Bulgaria struggle to keep their homes warm
@ Maria Sabotinova
The Bulgarian capital welcomed senior representatives of the Australian Business in Europe (ABIE) network for a two-day high-level programme dedicated to strengthening economic, trade, and diplomatic relations between Australia and Europe.
The programme began on Friday, 16 May, with an official Welcome Reception Cocktail hosted by the Bulgarian Australian Business Council (BABC) at Re Club Sofia. The event brought together an influential group of ABIE Heads, Australian diplomats, Bulgarian government officials, and international business leaders for an evening of strategic networking and dialogue.
Among the official guests were:
The evening also featured a spotlight on V Technologies, a global provider of encryption and data security solutions, who joined the event as Gold Sponsor.
On Saturday, 17 May, ABIE leaders convened for a strategic closed-door meeting hosted by the Bulgarian Chamber of Commerce and Industry (BCCI), where they discussed key areas of cooperation, upcoming initiatives, and shared best practices for enhancing Australia–Europe bilateral business engagement. Topics included innovation, sustainability, investment facilitation, diaspora engagement, and preparations for the 50th anniversary of the ABIE network, which will be celebrated later this year in London.
"ABIE is more than a business network — it is a bridge between continents. Our goal is to create lasting economic value through trust, collaboration, and shared vision,"
said Joana Kehlibarova, CEO of BABC and Honorary Consul of Australia in Bulgaria.
Founded in the 1975, ABIE is a collective of Australian-connected business organizations across Europe, working in close partnership with government, diplomatic, and industry stakeholders to advance trade and investment between Australia and Europe.
The Sofia meeting underscored the network’s growing role as a key platform for bilateral engagement, promoting not only business cooperation, but also cultural and institutional exchange.
The Sofia meeting underscored the network’s role as a key platform for bilateral engagement, promoting not only business interests but also cultural and institutional exchange.
The Bulgarian National Bank announced extended operating hours at its cash desks today and on Saturday, December 20, in response to heightened public demand
Scope Ratings has completed its latest review of Bulgaria and confirmed the country’s long-term credit rating at A- with a stable outlook, alongside short-term ratings of S-1/Stable
At the turn of the year, Bulgaria is preparing to enter 2026 without an approved state budget
In Bulgaria, the common perception that investing is reserved for the wealthy remains widespread, but recent analysis by Freedom24 shows that households can begin investing with modest amounts of 50–100 BGN (approximately €25–50) per month
The three leading telecommunications operators in Bulgaria inject more than 640 million BGN (≈327 million EUR) annually into the development of networks and services
The euro has been in use since 1999 as a non-cash accounting unit and since 2002 as physical currency.
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