Bulgaria's textile industry is expecting further growth in 2014, reports Standart daily, quoting Radina Bankova, head of the Bulgarian Association of Producers and Exporters of Garments and Textile.
Last year the sector posted an export growth of around 7-8%, reaching EUR 1.8 B – the highest since 2007. The turnover of the textile companies grew by 10%.
According to a survey of the Association, the growth in H1 2014 continues with a similar pace.
“We have no final statistics yet,...
This four-bedroom contemporary-style villa on the Black Sea in Bulgaria has views up and down the coastline for miles. Built in 2006 of brick and cement, the 4,500-square-foot house has a 13-by-26-foot swimming pool and sits on a half-acre lot terraced and landscaped with cypress trees, shrubs and rosebushes.
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The front door of the three-story villa opens to a foyer that leads to the open-plan...
Bulgaria? Why visit Bulgaria? Bulgaria is a beautiful country, with majestic mountains, sandy beaches, picturesque villages, good food, and hospitable people. And, it's incredibly affordable.
If you don't know anything about Bulgaria, here are ten reasons you should visit.
1. Roses - Bulgarian roses are not only stunningly beautiful, but a major export item as well. The petals reportedly produce as much as 85% of the world's rose oil, an essential ingredient in the production of perfumes....
The Bulgarian government will within 10 days appoint an international auditor to review the country's energy sector, stated caretaker Minister of Regional Development Ekaterina Zaharieva.
"We need a full financial analysis of everyone in the energy sector. We will work in full cooperation with the European Commissions, so that no doubts be thrown on the final report," said Zaharieva.
The minister added that this would bring full transparency in the sector, something requested by numerous...
The Bulgarian government will open two new visa application centers in Russia, in Omsk and Murmansk, announced the director of Bulgaria's Moscow consulate Angel Georgiev.
The move is motivated by the large interest of Russian tourists in travelling to Bulgaria, and will make the number of Bulgarian visa centers in Russia grow to 18.
Starting 2013, Bulgaria's Ministry of Foreign Affairs will be issuing 6-month multiple-entry visas to Russian citizens applying for the first...
Bulgarians observe Sunday a self-styled traditional 'Forgiveness Day' on which everyone asks everyone to forgive his or her misdeeds over the passed year.
The rite is centered in families and communities, in which people ask their elders, including parents and superiors to absolve whatever they have done wrong, even if they do not know it or did not intend it.
The holiday is observed on a Sunday, exactly seven weeks before Easter, and is also called Sirni Zagovezni. That name refers to...
The Bulgarian Socialist Party has presented a 'rescue plan' to wrestle the country from the economic and political crisis following early elections in May.
The plan is to be implemented over 100 days, should the socialists come out winning the vote.
"At the present moment there is no bread for labor in Bulgaria, there is no free air for businesses, there is no justice for people," stated Bulgarian Socialist Party and Party of European Socialists chair Sergey Stanishev, who unveiled the...
Czech-owned power utility CEZ has always strictly adhered to Bulgarian legislation and the normative acts of the European Union, the company says in a press release.
According to its press office, for the electric power distributor, part of CEZ Bulgaria Group, obeying the law, including tax law, was a guiding principle that should not even be commented on.
The statement comes on the heels of news that the prosecution in Bulgaria has requested the revocation of the company's license over...
In January 2013, Bulgarians abroad have wired to their homeland twice more funds than the foreign direct investments, according to flash estimates released by the Bulgarian Central Bank, BNB.
In January 2013, Bulgarian emigrants have sent to relatives and friends EUR 59 M, compared to EUR 31.4 M (0.1% of GDP) from foreign direct investments.
The above amount is strikingly down (by EUR 295.1 M, a difference close to 90%), compared to the increase of EUR 326.5 M (0.8% of the Gross Domestic...
Clashes with the police marked Sunday the protest rally in Bulgaria's Black Sea city of Varna.
Bulgarians across the country staged once again demonstrations against high utility bills, monopolies, poverty, economic stagnation, corruption, and the political model of ruling the country after the fall of the Communist regime in 1989.
The rallies, however, did not bring together as many people as previous weekend marches.
The largest one was once again held in Varna where 2 000 (compared...
Outgoing Interior Minister Tsvetan Tsvetanov has suggested that the current political situation in the Bulgaria increased negative attitudes towards the country's accession to Schengen.
Bulgaria's center-right GERB government resigned on February 20 amid mass nationwide protests over high electricity and heating prices and low incomes.
Bulgarian President Rosen Plevneliev has set May 12 as the date for early elections.
Speaking after a Justice and Home Affairs Council meeting,...
Bulgarian EU Commissioner Kristalina Georgieva would not be appointed Prime Minister of Bulgaria's caretaker government.
The statement was made by Bulgarian President, Rosen Plevneliev, who is in charge of forming a caretaker Cabinet.
Speaking from Brussels Wednesday evening, the President said Georgieva must continue with her commitments and duties at the European Commission as the latter were also very important for Bulgaria.
This way yet another rumored candidate was ruled out....
The debate on the accession of Bulgaria and Romania to Schengen was postponed for end-2013 during Thursday's sitting of the EU Justice and Home Affairs Council (JHA).
During the JHA sitting, most of the member states admitted that Bulgaria and Romania had fulfilled the criteria for Schengen membership and the decision for the accession of the two countries to the passport-free area had to be taken faster, according to reports of the Bulgarian National Radio (BNR).
Bulgaria's efforts and...
The European Union has dashed the hopes of Bulgaria and Romania to join passport-free zone, saying there is no consensus on letting them in.
"There will be no vote, and no decision" at talks on their bid to join due to be held Thursday in Brussels, a source in the EU's current Irish presidency said, as cited by AFP.
The talks will gather the bloc's 27 interior ministers and those of four non-EU nations also in the so-called Schengen zone -- Iceland, Liechtenstein, Norway and...
For the first time, people all over the world can see Street View imagery of Bulgaria, Google has announced.
Bulgaria has become the 48th country for which immersive, street-level imagery is now available on Google Maps.
The Bulgarian launch covers not only major economic centers such as Sofia, Plovdiv and Varna, but also historical and beloved towns like Veliko Turnovo and Koprvishtitsa.
Users around the world can also virtually experience the beautiful ski resorts of Borovets, Bansko...
Bulgaria will preserve its fiscal stability in the next two years even after street protests brought down the Borisov Cabinet, Bulgarian President Rosen Plevneliev stated on Wednesday.
"In the next 1-2 years Bulgaria will not deviate in any way from its fiscal deficit. Nor will there be any attempts to threaten the very low budget deficit it has achieved," Plevneliev told Bulgarian reporters in Brussels Wednesday night where he arrived for a commemoration of the rescue of Bulgarian Jews from...
Yordanka Fandakova, Mayor of Bulgaria's capital Sofia, has reiterated that she will not become the country's caretaker Prime Minister.
Fandakova noted that she had work to do in Sofia and that she could not betray the voters who elected her by joining the caretaker Cabinet.
She also told Btv that measures will be taken regarding Sofia's heating utility that has been the target of much criticism on behalf of citizens.
Bulgaria's center-right GERB government resigned last month amidst...
The outgoing Bulgarian Prime Minister, Boyko Borisov, called on the two main opposition parties to turn politically responsible and form an interim government.
Speaking from the Presidential Office Monday, where he arrived to officially turn down the mandate his center-right Citizens for European Development of Bulgaria, GERB, received for the formation of an interim government, Borisov accused the Bulgarian Socialist Party, BSP and the ethnic Turkish Movement for Rights and Freedoms, DPS,...
Bulgaria's Chief Mufti, Mustafa Hadzhi, has extended congratulations to Bulgaria's new Orthodox Patriarch Neofit.
"It is an exceptional honor to me to offer the most sincere and heartfelt congratulations on behalf of all Bulgarian citizens practicing Islam and me, on the occasion of your enthronization as Bulgarian Patriarch and Sofia Metropolitan," Mustafa Hadzhi's letter to Bulgaria's new Patriarch says.
Bulgaria's Chief Mufti wishes good health and prosperity to Neofit during his term...
Iskra Fidosova, Chair of the parliamentary legal affairs committee, and MP of center-right GERB party, has suggested that GERB would resort to a lot to select the 20 MPs that would back an interim government headed by the Bulgarian Socialist Party (BSP) or the ethnic Turkish Movement for Rights and Freedoms party (DPS).
In a Monday statement, Fidosova explained that the 20 MPs of GERB that would be tasked with supporting an interim government of BSP/DPS would have to be selected through a...
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