Winter Tourism: 1.8 Million Visit Bulgaria
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
Representatives of SINO - CEEF capital, part of the world's largest bank, the Chinese ICBC, will be visiting Bulgaria to explore projects with investment potential. This is reported by the press center of the Ministry of Economy.
The Chinese will visit our country after an invitation by Deputy Economy Minister Alexander Manolev to Shimon Ostrovski, ICBC Director and President of the SINO Instrument, who have spoken in Warsaw.
China's Industrial and Commercial Bank (ICBC) is the world's largest bank in the market capitalization, customer deposit, profit and brand value. The Bank provides comprehensive financial products and services to 5.77 million corporate customers and 520 million personal banking customers through a distribution network of 16,939 local institutions, 412 foreign institutions and more than 1,608 correspondent banks worldwide, as well as through electronic banking.
"Bulgaria is one of the countries where we do not have large-scale projects and we have an interest in expanding our activity in this region," said Shimon Ostrovski. According to him, the bank is interested in projects worth over EUR 50 million and is also ready to invest in the infrastructure of the country.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
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
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022