Bulgaria is among the countries with the cheapest labor in the European Union, with low and fixed corporate and income tax. This makes it an attractive destination for many investors with lower business costs.
However, foreign investors remain concerned about the rule of law in this country. This is seen in the annual report of the US Department of State on the investment climate in Bulgaria. Among the problems pointed out by investors are widespread corruption, difficulty in obtaining permits, unpredictability due to frequent regulatory and legal changes, as well as sporadic attempts to terminate long-term contracts.
The average social security income for the country for February 2025 is 888.63 EUR, the National Social Security Institute (NSSI) has reported. Compared to the previous month, there is a rise of 2.42 EUR. In the period March 1,..
Since the beginning of the year, there has been a trend of decreasing traffic accidents on the territory of Sofia, as well as the number of people killed and injured in them compared to 2024, Commissioner Nikolay Krusharski, Head of..
Snowfall and strong winds in Northeastern Bulgaria caused power outages in more than 100 villages in the regions of Ruse, Silistra, Shumen, Targovishte, Dobrich and Varna. Hurricane-strong wind knocked down a 50-meter crane..
Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy..
Sofia public transport workers will protest on Monday, April 14, demanding increase in wages . The decision to protest was made after meetings between the..
Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the..
Cloudy
Overcast, rain