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.
A hearing of the Prime Minister, the Ministers of Energy, Environment and Water, Agriculture and Food, and the Director of the National Electricity Company (NEK), has been included in the agenda of Bulgaria’s Parliament for February 12 at the..
The mysterious drone that made random maneuvers at Sofia Airport on February 7 and delayed six flights was hacked, manipulated, and was definitely not random. Large drones like the one used are military-type and are used for espionage and..
94% of workers in Bulgaria are dissatisfied with their salary, shows a survey conducted by Podkrepa Confederation of Labor. 91% of the respondents in the representative survey said that they receive a net income of less than 2,500 BGN (1,250 EUR) and..
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..
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