Bulgaria is among the countries with the cheapest labor in the European Union, with low and fixed corporate and income tax. This makes it an attractive destination for many investors with lower business costs.
However, foreign investors remain concerned about the rule of law in this country. This is seen in the annual report of the US Department of State on the investment climate in Bulgaria. Among the problems pointed out by investors are widespread corruption, difficulty in obtaining permits, unpredictability due to frequent regulatory and legal changes, as well as sporadic attempts to terminate long-term contracts.
President Rumen Radev met with Bulgarians living and working in Singapore during his visit to the Asian country on November 22-24. There are an estimated 400 Bulgarians living in Singapore. "Our diaspora in Singapore occupies a very special..
The weather on Saturday will be mostly sunny over most of Bulgaria. There will be considerable clouds in eastern Bulgaria before midday and rainfall is expected in the eastern areas, but precipitation will stop also there and clouds will break...
Authorities in Greece will deploy more police officers at the Promakhon checkpoint on the border with Bulgaria to speed up the processing of documents for people and vehicles crossing the border, reports BNR's correspondent in Greece, Katya Peeva...
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
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