Bulgaria has the potential to build between 7 and 10 new industrial zones like the one in Plovdiv, Deputy Prime Minister Tomislav Donchev said during the 4th edition of Bulgaria's largest economic forum –“Industry 4.0”. According to him, it was important to ease procedures for investors.
Speaking about the missed opportunity to attract automotive giant Volkswagen, which chose Turkey over Bulgaria for its new plant, Tomislav Donchev said: "VW did not come to Bulgaria but someone else will come in the next two or three years, because there are many prerequisites for this and this is inevitable.”
Bulgarian Finance Minister Vladislav Goranov said that in negotiations with Volkswagen, Bulgaria did everything it could and beyond, but such big investors wanted a lot of privileges and 100% complete infrastructure. "Such companies expect hosts to make the investment, so they could come with the know-how and technology, but big countries are those that can afford it," Goranov said. He added that 90% of negotiations with the automotive giant were about infrastructure.
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 Bulgarian National Radio. The country is to receive EUR 439 million. EU may cut money for..
With 111 votes for, 51 against and 43 abstained, the National Assembly approved the establishment of an ad-hoc committee to investigate the activities of George Soros and his son Alexander Soros and their foundations in this country financing..
Prime Minister Rosen Zhelyazkov and Deputy Prime Minister Tomislav Donchev cancelled the meeting, scheduled for today, of the National Tripartite Council on the draft budget for 2006 after, in an unprecedented move, businesses decided not to take..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International..
On Tuesday , the lowest temperatures will be between 8 and 13°C; in Sofia - about 8°C. During the day, it will remain cloudy. There..
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