"Bulgaria has always gladly welcomed honest business practices and German companies that operate in this country have proved that. The Bulgarian government is ready to provide assistance to all investors coming from Germany,” Bulgarian Prime Minister Boyko Borissov said at a meeting with an official delegation of the German Foundation for Family Businesses. The delegation includes nearly 30 representatives of large German family companies working in the sectors of textile industry, agriculture, construction and real estate, corporate investments, production of industrial minerals, electrical engineering, food processing, shipping, chemical industry, etc. The foundation unites 400 large family companies from Germany, with an average turnover of about 1.4 billion euros. Each member company has an average of 6,000 employees. "We see that there is positive development and that this country is going in the right direction," Executive Director of the foundation Stefan Heidbreder said. He pointed out the importance of the high-level delegation, which includes both representatives of companies with an established presence in Bulgaria such as Festo, Quartzwerke and Dr. Oetker, as well as other major German family businesses that show particular interest for investments in this country.
“The divergence between the monetary and the fiscal policy pursued by the government continues to be the main reason why Bulgaria does not meet all criteria yet for entering the Eurozone,” Lyubomir Karimansky, member of the Governing Council of the..
Germany remains Bulgaria's strongest economic partner. Trade between the two countries for 2024 amounts to EUR 12 billion, said Tim Kurth, President of the German-Bulgarian Chamber of Industry and Commerce. At a ceremony held at the University of..
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for..
Cooperation between Bulgaria and China in the field of agriculture and food is very active and is constantly expanding. This was stated at a meeting in..
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