Vidin No Longer Holds the Title: Which Bulgarian City is Now the Poorest?
According to a recent analysis by the National Statistical Institute, the city of Smolyan has surpassed Vidin as the poorest city in Bulgaria
A delegation from Bulgaria's Northwest, the poorest EU region, has participated in a specially designed investment forum in Bergen, Norway.
The delegation of representatives of local authorities from the "Severozapaden" Region in Bulgaria, including the District Governor of Vidin Plamen Stefanov, and the mayors of the town of Belogradchik and several villages, has met with the Bergen Mayor Gunnar Bakke.
It also took part in an investment forum in Bergen entitled "Bulgaria – New Region for Good Investments", where its members presented investment opportunities in Bulgaria's Northwest, organized by the Bergen Chamber of Commerce.
The visit of the delegation to Bergen is part of a project entitled InvestNorthWest administered by the Bulgarian Investment Forum, focusing on improving the competence and capacities of the local authorities in Bulgaria's Northwestern Planning Region for attracting investments.
The project has been developed with the financial support of Iceland, Lichtenstein, and Norway under the Financial Mechanism of the European Economic Area.
Local media in Bergen have observed that more and more Norwegian companies are interested in investment opportunities in Bulgaria.
Bulgaria's Severozapaden Region (as it is listed by the Nomenclature of Territorial Units for Statistics or NUTS) is the poorest EU region. It includes the districts of Vidin, Vratsa, Montana, Lovech and Pleven.
Sofia continues to dominate Bulgaria's housing market, securing the top spot for the third consecutive year in the construction of large residential properties.
According to the latest data from the Bulgarian National Bank (BNB), the number of individuals in Bulgaria holding bank deposits of over 1 million BGN continues to rise steadily—at an average rate of one new millionaire depositor per day.
Bulgarian MPs in a temporary road safety committee supported a proposal to deny annual car inspections (GTP) to drivers with unpaid traffic fines.
Prime Minister Zhelyazkov: “Fastest-Adopted Governance Program in History – Finalized in Just 38 Days”
Bulgaria has accelerated in embracing digital technology, with 84% of its population actively involved on the internet.
Plovdiv has emerged as the most dynamic regional office market in Bulgaria, with over 237,000 square meters of Class A and B office space, according to the latest “Offices in Regional Cities in Bulgaria” report published by Colliers International.
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