The government reviewed key projects for new foreign investments in the municipalities of Pleven, Maritsa-Plovdiv and Shumen amounting to EUR 500 million, Prime Minister Nikolai Denkov has announced. “Bringing in investors capable of creating high added value, and hence better pay for the workers – this is the best kind of social policy… This is the way we can catch up with the average salaries in Europe and attain a normal European way of life,” the prime minister said.
In Pleven the Rubin glassworks will be expanded – a 300-ton furnace and warehouses will be built and the carbon emissions will be reduced. Around 150 jobs will be created. In the municipality of Maritsa, an innovative production building with renewable energy sources will be built, the first of its kind in Central and Eastern Europe. 105 jobs will be created. In Shumen the production of aluminum alloys is being expanded, creating 136 jobs.
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle pollution. Bulgaria is participating in two of these projects and will receive funding to install charging..
Bulgaria’s GDP is expected to grow 3% this year, the European Commission said in its Autumn Economic Forecast, as reported by BTA. The projection marks an upgrade from the 2% growth rate estimated in the Commission’s spring outlook. The expected GDP..
Bulgaria has no additional conditions from the United States for the exception of the sanctions imposed on Lukoil to enter into force, Minister of Energy Zhecho Stankov told BNT. If necessary, the postponement of the sanctions against Lukoil can be..
On Tuesday, overnight lows will range from 7°C to 12°C, rising to 12–16°C in eastern Bulgaria and around 9°C in Sofia. It will be a cloudy day with rain,..
The European Commission has approved 70 projects across the EU , worth more than €600 million , to support alternative fuels and reduce vehicle..
The Speaker of the National Assembly has no right to rule unilaterally on a national referendum. This becomes clear from a decision of the Constitutional..
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