By a government decision, as of today an interdepartmental council is being set up for the screening of foreign direct investments. It will examine the applications submitted for making foreign direct investments in Bulgaria by investors registered in third, non-EU countries. The interdepartmental council will issue or refuse permits for foreign direct investments, in accordance with the requirements of the law.
“The capacity for screening investments already made are severely restricted, and will only take place in certain instances, at the initiative of a competent body with the aim of avoiding subjectivity,” the government decision reads.
In recent years, Bulgaria has been collecting and processing 15,000 tons of herbs annually . Nearly 90% of them are exported. More than 200 herbs are widely used in the pharmaceutical, cosmetic and food industries. Active trade covers more than 20..
Bulgaria is still on the position that there should be five crossings on the Danube River, Deputy Premier and Minister of Transport and Communications Grozdan Karadjov said at a meeting of the National Assembly Committee on Transport and..
Bulgaria’s Minister of Foreign Affairs Georg Georgiev represented Bulgaria at the regular meeting of the EU Foreign Affairs Council in Brussels, the Ministry of Foreign Affairs reported. Minister Georgiev emphasized Bulgaria’s consistent..
Public transport in Sofia will resume as of Tuesday, May 20, Todor Kapitanov, Vice President of the Confederation of Independent Trade Unions in Bulgaria..
The government has agreed to provide an additional €7.7 million in subsidies for Sofia's public transport. This was agreed at a meeting today between..
The normal movement of buses, trolleybuses and trams in Sofia is being restored as of today, after last night the unions announced an end to the 6-day..
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