Bulgaria’s National Assembly ratified the agreement between Bulgaria and the World Bank to open an office of the International Bank for Reconstruction and Development in Sofia. Over 300 highly-qualified experts in IT, finance, human resources and health sectors will be employed at the Bulgarian office of IBRD. Other functional units for outsourcing and shared services are also expected to be established in the region. The World Bank expects that the net revenues for Bulgaria from operations of the Bulgarian office of the International Bank for Reconstruction and Development will exceed EUR 2.3 million in five years.
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official meeting in the Council of Ministers between Prime Minister Rosen Zhelyazkov, Minister of Tourism..
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
The effects of the protests against supermarkets are being felt, Agriculture Minister Georgi Tahov said in Plovdiv, where he was attending a national..
In 2022, 14.7% of workers in the EU were low-wage earners . By definition, low-wage earners are those who earn two-thirds or less of the average gross..
A serious restrictive and even repressive attitude among Bulgarian society on the current issues of school education and upbringing is shown by an..
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