expat articlesGeneral Information
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Bulgaria has been opening up to the rest of the world and developments like its NATO membership and EU entry helped the country boost its economy. Key developments have been occurring in most economic sectors. GDP growth and increasing foreign investment have become a steady tendency. In few years the country is expected to join the euro zone, a development which would affect its economy further. |
News
Court confirms 2.45M leva fine on insurers cartel
The Supreme Administrative Court has dismissed the claim of the Association of Bulgarian Insurers and 14 Bulgarian general insurance companies against a fine of 2.45 million leva, imposed on them by the Commission for Protection of Competition (.....| Read more
Bulgarian banks enter next round of savings battle: Bulgarian banks advanced to a new round in....
Starbucks opens first Bulgarian coffee shop in November: Starbucks will open its first Bulgarian....
Useful info
Agriculture
Agriculture was Bulgaria’s leading economic sector during the communist era. The restitution of property, however, led to the fragmentation of the land and a consequent crisis in the sector. Now, with the help of SAPARD funds and the activ.....| Read more
Tourism
Tourism is one of the most happening and at the same time problematic sectors of the Bulgarian economy. The greatest challenge the country faces is to find ways to make the most of its unique tourism resources. Bulgaria has some first-class moun.....| Read more
Privatisation
One of the biggest and most problematic deals of 2006 was the privatisation of Boyana Film Studios. The company was bought by the American Nu Image for 12.224 million leva. The privatisation contract also included an additional 30 million leva i.....| Read more
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