European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
The Head of the European Commission Representation in Bulgaria Ognyan Zlatev announced that an additional EUR 600 M in credit have been provided for small and medium-size enterprises in Bulgaria under a joint project of the European Union, the Bulgarian government and the European Investment Bank.
“Bulgaria ranks 6th among countries in the EU in terms of projected and supported investments under the Juncker investment plan GDP-wise. In terms of conditions created for small and medium-size enterprises, our country has moved ahead to the 3rd position among EU countries. Bulgaria needs serious entrepreneurs who can develop innovative businesses, achieve high rates of growth aimed at international markets. Thanks to the guarantees provided by the EU, the risk for banks is lower and small and medium-size enterprises gain broader access to financing at better terms like lower interest rates.”
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The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Trade relations between Bulgaria and Ukraine have reached unprecedented heights, with bilateral trade hitting a record 3 billion USD in 2022, according to statements made during the recent Bulgarian-Ukrainian business forum
As of 2022, the count of fellow countrymen who purchased real estate overseas reached 2,154, based on data from the National Revenue Agency referenced by "Telegraph"
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
FlixBus, the renowned European bus company, is set to launch new routes to and from Bulgaria in anticipation of the summer season
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022