The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant."
This project will be carried out in the village of Elenino, Stara Zagora municipality. The investment amounts to BGN 240 million (over EUR 120 million) and is expected to create 812 new jobs. Most of the production will be exported to European markets, including Germany, the Netherlands, Italy and Austria, according to the government's press centre.
The Bulgarian National Bank (BNB) has again reduced the key interest rate in the country . As of May 1, it will now be 2.24 percent. The decrease compared to April is 0.15%, when it was 2.39 percent. This is the eighth consecutive month of a decrease in..
An analysis by the Ministry of Economy and Industry shows that in 2024, Bulgaria's trade with the United States accounted for 1.7% of the country’s total trade volume, with exports to the U.S. making up 2.6% of total exports and imports from the U.S...
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
sunshine, cloud, rain and thunder
Mostly Cloudy
Partly cloudy, chance of rain