If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics. This was what President Rumen Radev said at the ceremony for announcing the winners of the 17th edition of "Manager of the Year" competition.
President Radev presented the award to Jesus Caballero, CEO of SOF Connect, which is the operator of Sofia Airport. Jesus Caballero said this was the best recognition for his team. "I have a vision to turn Sofia Airport into a regional hub and the first five-star airport in Europe," Caballero said and pointed out that with a capacity of 20 million passengers per year, after the completion of Terminal 3, it will be the airport with the largest capacity in the Balkans.
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..
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