Bulgaria, which is the poorest country in the EU, attracts a large volume of foreign green-field investments in the information and communication technologies, Financial Times writes. In four years, the volume of these investments increased five times and the sales in this sector amounted to USD 3.2 billion in 2018. The technological center of Financial Times opened in April 2019 in Bulgaria’s capital Sofia, which employs 110 people, also contributed to this positive development. Facebook and the World Bank, which also opened offices in Bulgaria’s capital, are among the latest investors in the ICT field. Bulgaria’s software and ICT services sector welcomed a record-high of 16 foreign investment projects to the tune of USD 240 million, mainly in Sofia, Financial Times notes.
The traffic of trucks in the area of the Danube Bridge at the border with Romania is heavy. This situation is expected to continue over the weekend as the trucks that were waiting at the Kapitan Andreevo crossing at the Bulgarian-Turkish border for..
The truck traffic on the Maritsa highway to the Kapitan Andreevo border crossing at the Bulgarian-Turkish border is now normalized. "As of this morning, there are no more queues of trucks standing on the roadway waiting to cross the border," assured..
At the request of the European Public Prosecutor's Office, searches have been carried out in Sofia, Burgas, Petrich and Rila in connection with an investigation into alleged fraud with EU funds in the restoration of a church. In 2017, a public tender..
“It’s time to lift internal border controls now,” European Commissioner for Home Affairs Ylva Johansson believes. In an interview with RFE/RL she..
The Constitutional Court has opened a case following the request by President Rumen Radev for the amendments to the Constitution, endorsed by the 49 th..
Romania and Bulgaria have a chance to join the Schengen area by land as of January 2025 , Hungarian Interior Minister Sándor Pinter said after an..
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