By a government decision, as of today an interdepartmental council is being set up for the screening of foreign direct investments. It will examine the applications submitted for making foreign direct investments in Bulgaria by investors registered in third, non-EU countries. The interdepartmental council will issue or refuse permits for foreign direct investments, in accordance with the requirements of the law.
“The capacity for screening investments already made are severely restricted, and will only take place in certain instances, at the initiative of a competent body with the aim of avoiding subjectivity,” the government decision reads.
"Yes, Bulgaria" party (part of "Democratic Bulgaria") have defined the budget for next year as an "economic tsunami". MP Ivaylo Mirchev was firm that the pary will oppose it when the project comes up for discussion in parliament. "Yesterday we were..
Bulgarian President Rumen Radev has presented the national flag to the participants in the 34th Bulgarian Antarctic Expedition. At a ceremony in the Hall of Arms, the flag was accepted by the head and doyen of Bulgarian research in the White Continent,..
The euro will help, but it does not on its own guarantee higher standards of living, said Kristalina Georgieva, Managing Director of the International Monetary Fund, at the high-level conference in Sofia titled ''Bulgaria on the Doorstep of the..
The European Commission has presented a proposal for developing high-speed railway lines within the EU until 2040, linking the capitals in the EU, among..
The European Commission has decided to withhold EUR 215 million from the second payment under Bulgaria’s recovery and resilience plan, the EC told the..
Prokopan is the only railway tunnel on the Plovdiv-Burgas line. This became clear during a visit by Deputy Minister of Transport Lyuben Nanov, who was..
Cloudy
Rain
Overcast, rain
Scattered showers