German automotive giant Volkswagen Group is launching talks for building a new car factory on the Balkans. Bulgaria, Serbia, Turkey and Romania have been competing over the investment. The company has been looking for a place for its new factory in the region since last year. According to information of the Bulgarian National Radio, the final stage of the race for the investment worth a billion and a half euros would involve Turkey and Bulgaria. The factory should be operational in 2022 and create 5,000 jobs.
We are in for another year of excellent UK-Bulgaria relations, UK Ambassador to Sofia, Nathaniel Copsey, said at the opening of a forum held in the Sofia Hotel Balkan in the capital, organized by The Economist and Hazlis & Rivas...
Europe will have to reform its governance structures so as to speed up the decision-making process and mobilize its resources, said President Rumen Radev at the opening of the forum of The Economist taking place in Sofia. We cannot afford to..
“We shall submit a budget for stabilizing public finance,” Prime Minister Rosen Zhelyazkov said at a briefing at the Council of Ministers building. “I have full support and I am certain that GERB will give its solid support to this budget with a..
GERB never falsifies things and it is clear what the hole in the budget is due to. Let's humble ourselves a little and not try to shift..
The official start of the work of the “Vitosha” tunnel boring machine for the expansion of Line 3 of the capital's metro to the..
Bulgaria has fully implemented 7 out of 28 recommendations made by the Council of Europe's Group of States against Corruption (GRECO). 11..
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