Bulgaria’s capital Sofia placed among the world’s 30 fastest developing cities. Moreover, that city is first in Europe in terms of GDP (gross domestic product) growth in the past ten years, Sofia city Mayor Yordanka Fandakova announced at the first meeting with Mayors from Central and Eastern Europe and the Chinese 16+1 Initiative. Mayor Fandakova noted that the number of tourists visiting Sofia has increased with 60% in the past six years. Yordanka Fandakova reminded that the credit agencies reaffirmed Sofia’s rating, which allows that city to attract more investments. Mrs Fandakova also pointed out that according to a Bloomberg ranking, Sofia places 3rd in Europe in terms of the number of start-up companies in the IT field.
On Wednesday, the lowest temperatures will range from 5°C to 10°C, around 7°C in Sofia. During the day, cloud cover will remain significant, with light rain in some areas, mainly in Southeastern Bulgaria and the mountain regions. There will be a light..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was on-site to see the progress in the modernization of the Orizovo-Mihaylovo railway section. The..
Unemployment benefits in Sofia continue to be above the minimum wage, according to the latest data from the National Social Security Institute. It is the highest in the country and is on average 1,145 leva (585.43 EUR). The lowest unemployment..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
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