Bulgaria raises 2.5 billion euro with two long-term bond issues
Bulgaria’s Finance Minister Kiril Ananiev said on September 16 that it has sold 2.5 billion euro in 10-year and 30-year eurobond issues on international markets, with the funds slated to finance the government’s economic measures to blunt the impact of... Read More →
Foreign Direct Investment in Bulgaria in H1 2020 was 263M EUR
Foreign direct investment in Bulgaria in the first half of 2020 stood at 263 million euro, the equivalent of 0.5 per cent of the gross domestic product (GDP), statistics from the Bulgarian National Bank (BNB) showed on August 17. In... Read More →
Bulgaria accepted into ERM2 euro zone ‘waiting room’
The European Central Bank (ECB) said on July 10 that Bulgaria and Croatia have been accepted to join the Exchange Rate Mechanism (ERM2), the euro zone’s “waiting room”. The two countries can join the euro area after spending at least... Read More →
The 9 Critical Stages of Building a Business
1. You can’t sustain a business without positive cash flow. Even though profit may not be your driving motivation, you can’t sustain any business without generating cash. In most businesses, this means selling something, and proving that your product or service... Read More →
How Can I Tell Whether My Business Ideas Are Good or Bad?
With an estimated 100 million new businesses launched globally each year, the chances of coming up with an entirely unique business idea literally become slimmer by the second. However, even if a similar product or service, you can still offer a unique experience that... Read More →
Bulgaria reports 0.3% economic growth in Q1 2020
Bulgaria’s economy grew by 0.3 per cent in the first quarter of the year, according to preliminary data announced by the National Statistical Institute (NSI) on June 4. The figure was in line with NSI’s flash estimate released last month.... Read More →
Foreign Investments in Bulgaria Increased by 100 Million Euros in the First Quarter of 2020
According to data of the Bulgarian National Bank, foreign investments in Bulgaria increased by 100 million euros in the first quarter of 2020 compared to the same period of 2019. By the end of March, more than 254m euros were invested in... Read More →
Income of Bulgarians Increases by 12% for the First Quarter
An increase in the income of Bulgarians of over 12% at the beginning of the year was reported by the National Statistical Institute. The average income already exceeds BGN 1,700 per month. At the same time, the total costs increase... Read More →
Why Now Is Still a Good Time to Start a Business
To most people, this may not seem like a great time to start a new company, but that’s exactly why it is. If you follow conventional wisdom, then this is likely the worst time to start a new business. People are more... Read More →
5 Small Business Trends to Pay Attention to in 2020
2020 hasn’t turned out like most companies expected, but these trends offer an opportunity to move the needle in the right direction. As an entrepreneur, you’ve likely had to embrace change lately so you not only continue to succeed, but you also find... Read More →