Corruption, slow justice and unpredictability caused by frequent legislative changes are what foreign investors in Bulgaria face, the annual report of the US Department of State on the investment climate in 170 countries reads. “Bulgaria is ranked 74th in terms of corruption. It is worrying that this is the level of countries like Tunisia and former Soviet Union countries and even Belarus is ahead of us”, Petar Ivanov, Executive Director of the American Chamber of Commerce in Bulgaria (AmCham) commented in an interview for BNR.
In his view, Bulgaria has the most obscure business laws. That is why, this country ranks 61st in the Doing Business annual ranking. Bulgaria performs better in the innovations ranking-40th among 129 countries.
On Thursday, minimum temperatures will range from minus 5° C. to zero, reaching minus 8° C. in the Eastern parts of the country, for Sofia around minus 3° C. During the day there will be clouds over most of the country. Until midday there will be a..
Bulgaria is working on the implementation of key projects that will make the country an indispensable energy factor. This became clear from the statement of the Minister of Energy Zhecho Stankov at the Sixth Delphi Forum in Washington. Part of this..
A day before the boycott of supermarket chains due to high prices announced for February 13, the Bulgarian Industrial Capital Association and the Association of Dairy Processors signaled that over the past year the mark-up on dairy products has..
The parliamentary group of DPS-Democracy, Rights and Freedoms, affiliated with Ahmed Dogan declared they were categorically opposed to the appointment..
Maria Bakalova is set to star in Sylvester Stallone’s new film “My Masterpiece”, the professional film website IMDB writes. According to the official..
Experts from the Royal Netherlands Police are in Sofia for a series of trainings for their Bulgarian colleagues from the Border Police in the field of..
Mostly Cloudy
Partly Cloudy
Clear