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.
International rating agency Fitch Ratings has affirmed Bulgaria's long-term foreign and local currency credit rating at BBB with a positive outlook, the Finance Ministry said. The positive outlook reflects the country's prospects for eurozone..
In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported. The chairman of the institute,..
In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..
The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..
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