Corruption, slow justice and unpredictability caused by frequent legislative changes are what foreign investors in Bulgaria face, the annual report of the US Department of State on the investment climate in 170 countries reads. “Bulgaria is ranked 74th in terms of corruption. It is worrying that this is the level of countries like Tunisia and former Soviet Union countries and even Belarus is ahead of us”, Petar Ivanov, Executive Director of the American Chamber of Commerce in Bulgaria (AmCham) commented in an interview for BNR.
In his view, Bulgaria has the most obscure business laws. That is why, this country ranks 61st in the Doing Business annual ranking. Bulgaria performs better in the innovations ranking-40th among 129 countries.
Wednesday will be mostly sunny. There will be weak to moderate west-northwesterly wind. The lowest temperatures are expected to be between minus 3° and 2°C; in Sofia - around minus 1°C. The highest temperature will reach 10°C to 15°C;..
According to unofficial information, the Hungarian Presidency of the Council of the EU has drafted a decision for the full admission of Bulgaria and Romania to the Schengen Area. The draft document states that from January 1, 2025, checks on persons..
The Constitutional Court has admitted all five requests for the partial or complete annulment of the elections for the 51st National Assembly, submitted by We Continue the Change-Democratic Bulgaria (PP-DB), Vazrazhdane, There is Such a People (ITN),..
The flu season is expected to peak at the end of December and the beginning of January. In an interview with BNT, general practitioner Dr. Gergana..
After the meeting with his Vietnamese counterpart Luong Cuong in Hanoi, President Rumen Radev emphasized that Bulgaria will continue to support efforts..
The number of crimes committed in the conditions of domestic violence has gone up by 54% since the beginning of the year compared to last year, the..
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