Bulgaria capitals

Bulgaria: Gaffes during the first protocol meeting of the new Minister of Foreign Affairs – Novinite.com

The first regular and routine protocol meeting of the new Bulgarian Foreign Minister Teodora Genchovska ended with a diplomatic blunder – an hour after receiving a courteous conversation with the Ambassador of Montenegro, the same state introduced new strict restrictions on the entry of Bulgarians into the Balkan country, and our Foreign Ministry did not […]

Bulgaria capitals

EBRD to lend an additional € 20 million to Bulgarian Sofia Med

SOFIA (Bulgaria), Dec.29 (SeeNews) – The European Bank for Reconstruction and Development (EBRD) has announced that it will grant a new loan of 20 million euros ($ 22.6 million) to the Bulgarian manufacturer of Sofia Med copper products to help meet investment needs as part of its sustainable growth. The funds will allow Sofia Med […]

Bulgaria capitals

Top 10 things to know about arbitration in Bulgaria

Being an EU member state and party to the New York Convention (NYC), the Republic of Bulgaria is an attractive destination to locate the seat of your arbitration proceedings. This is especially true if you are looking for a neutral location where travel, accommodation and other costs would be considerably lower than other European jurisdictions […]

Bulgaria capitals

Rum, gin or … COVID shot? Sofia bar makes offer to increase low vaccination rate in Bulgaria

Bulgarians can now get vaccinated while having a drink in a cozy and welcoming bar turned into a COVID-19 vaccination center before the festive gatherings in the capital Sofia. The move launched by the hospitality industry hopes to keep everyone safe during Christmas celebrations this weekend, as the Balkan country still has one of the […]

Bulgaria capitals

Bulgarian Dronamics Capital begins trading on Sofia stock exchange

SOFIA (Bulgaria), December 23 (SeeNews) – Dronamics Capital [BUL:DRON], a company linked to Bulgarian cargo drone maker Dronamics, made its debut in the Bulgarian Stock Exchange’s (ESB) SME growth market BEAM following a successful initial public offering (IPO), the exchange said on Thursday . “We welcome Dronamics Capital, which is on the verge of making […]

Bulgaria capitals

Bulgaria opens 69 Covid-19 vaccination points for children aged 5 to 11

Bulgaria is opening 69 first vaccination points, in district capitals and small towns, to administer Covid-19 vaccines to children aged five to 11, it was learned at a press conference on December 21. The press conference took place a day after Bulgaria received 42,000 doses of Pfizer-BioNTech Covid-19 child-friendly vaccines. Like the globe of Sofia […]

Bulgaria capitals

Visiting Bulgaria on business? Here’s what you need to know

As travel reopens in 2022, you might find yourself called on important business in Sofia. If you’re lucky enough that your job takes you to the capital of Bulgaria, here’s a guide to getting the most out of your time in the land of roses. Where to stay The center of Sofia is full of […]

Bulgaria capitals

NATO general seeks more troops in Bulgaria, Romania

Days after Russia demanded that NATO rule out eastward expansion and withdraw from military positions outside its borders, the security bloc’s senior general suggested that the alliance strengthen its presence in Bulgaria and Romania. According to a report per German newspaper Spiegel, the supreme commander of NATO’s Allied forces in Europe, Tod Wolters, sought to […]

Bulgaria capitals

United Group provides update on Eon and Bulgaria

United Group already has 1.6 million devices connected to its next-generation Eon platform across Southeast Europe, according to Zeljko Batitic, the company’s vice president of technology. However, talk to Capital city, he added that he also has 200 developers working on Eon and constantly improving the service. In Bulgaria, 200,000 devices are already connected to […]

Bulgaria capitals

Bulgaria’s central bank increases capital cushion as lending risk increases

SOFIA, Dec. 17 (Reuters) – Bulgarian banks will need to accumulate more capital in 2023 to counter a build-up of systemic risks from low interest rates that are significantly boosting consumer borrowing, especially mortgages, said the central bank. The National Bank of Bulgaria set the countercyclical capital buffer rate on Thursday evening at 1.5% from […]