Germany is strategic and leading trade partner of Bulgaria and the German companies are reliable investors, because they have long-term commitments in that country, Bulgaria’s Minister of Economy Emil Karanikolov said in Sofia at a meeting with representatives of the German Committee on Eastern European Economic Relations. Over 200 companies are members of that committee which represents the interests of the German companies in 21 countries in the eastern part of Europe. Trade between Germany and Bulgaria was evaluated highly during the meeting. Bilateral trade between the two countries reached record-high levels in 2016 and amounted to EUR 6.637 billion. According to expectations, the trade between Germany and Bulgaria will hit new records in 2017.
Google has donated an additional $1 million to the Institute for Artificial Intelligence and Computer Technologies (INSAIT) at Sofia University , bringing its total investment in the institute to over $6 million. According to the institute’s website,..
The Bulgarian government and the German defence group Rheinmetall have signed an agreement in Sofia to build a gunpowder and 155 mm artillery shell factory at the state-owned Vazov Machine Building Works (VMZ) in Sopot. The deal was signed by..
The Embassy of Bulgaria in Washington hosted a reception for the Board of Executive Directors of the oldest Jewish organization "B'nai B'rith" . This was announced by the diplomatic mission on Facebook . The organization’s CEO..
An earthquake with a 6.1 magnitude on the Richter scale hit Western Turkey at 22.48 hours last night. There were over 40 aftershocks after the..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
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