The global company Equinix opened its second data center in Sofia. The investment is to the tune of USD 19 million. Its purpose is to help business adapt easier and quicker to the IT infrastructure. The building will use 100% green energy like the first center of the company built in the Bulgarian capital in 2016. The new facility is expected to encourage investors to expand their business towards Eastern Europe and the Middle East. The center will ensure connectivity between the company and its partners and guarantee easy transition to cloud technologies and access to the markets across the globe. The new facility will allow clients from the region to fulfill their strategy for digital transformation.
In the first quarter of 2024, the country’s real GDP growth is expected to accelerate, which is a prerequisite for similar annual dynamics, the Bulgarian National Bank said in its regular economic review. The GDP growth is mainly due to the..
The Institute for Market Economics has reported that it took 134 days for working Bulgarians to pay their debts to the treasury. This day is almost always in the middle of May, economist Lachezar Bogdanov told BNR. According to..
47% of Bulgarians disagree with the statement that Bulgaria's entry into the euro area will boost the Bulgarian economy and raise their living standards. This is the result of a national survey conducted by the Market Links agency between 27 April and..
In March 2024, 1,518 people in Bulgaria had deposits of more than BGN 1 million, while in March 2023, 1,277 Bulgarians had such deposits, according to..
According to the European Commission's spring economic forecast for this year, inflation in Bulgaria is expected to reach 3.1 % in 2024 and 2.6 % in 2025..
There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices...
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