This news is welcomed in a climate of global economic uncertainty and serves as a testament to the resilience of Bulgaria’s economic policies. Positive Business Sentiment The rise in the overall business sentiment indicator in May is a clear indication of a positive outlook among business owners and managers in Bulgaria. This indicator takes into…
Have you ever wondered what life was like in ancient Roman times? Imagine walking through the streets of a bustling town, surrounded by grand buildings and vibrant markets. Nikopolis ad Istrum, situated along the Danube River, offers a glimpse into this fascinating era. Established in the 2nd century by Emperor Mark Ulpius Trayan, this Roman…
The Shipka Monastery, a Bulgarian architectural jewel, stands as a testament to the country’s rich history and cultural heritage. With its construction beginning in 1885 and completed in 1902, this magnificent landmark offers a glimpse into the past. Adorned with beautiful frescoes dating back to 1902, the monastery’s church is a sight to behold. Its…
The Burgas Archeological Museum, situated in the former girls school in Burgas, Bulgaria, is a remarkable repository of ancient artifacts. This captivating museum offers visitors an immersive journey through various historical epochs, spanning from prehistoric settlements to the Roman Empire. With its three exhibition halls, the museum presents a diverse range of captivating artifacts that…
Nestled along the banks of the enchanting Danube River, the town of Tutrakan boasts a hidden gem that captures the essence of its rich cultural heritage. The Museum of Danube Fishing and Boat Building stands as a testament to the region’s historical significance in the world of fishing and maritime craftsmanship. Stepping into this captivating…
The political stalemate in Bulgaria has been reignited as negotiations for the formation of a government between the We Continue the Change (WCC-DB) and Gerb-SDS coalitions intensify. With both sides presenting nominees for the position of prime minister, the outcome of the negotiations will impact the country’s political future. However, GERB has been vocal about its reluctance to support any coalition reliant on the votes of the Movement for Rights and Freedoms (MRF), creating a political deadlock. Key figures, such as Mariya Gabriel, are seen as instrumental in finding a way forward, as Bulgaria navigates significant challenges around corruption, political stability, and economic recovery.
Bulgaria is home to a vast number of majestic monasteries, with over 500 preserved monasteries in the country. These spiritual sanctuaries offer visitors a unique and memorable experience, with each monastery showcasing its own unique culture and history. Rila Monastery is the biggest in Bulgaria, located near the oldest ski resort in the country, while…
In a joint effort with the Romanian Border Police, the Bulgarian General Directorate Combating Organised Crime and the German Federal Police in Waidhaus, 28 people were arrested on charges related to smuggling illegal immigrants into the Schengen Area. Europol also supported the operation. The individuals were part of criminal organizations that specialized in smuggling immigrants…
Nestled in the southern region of the Rhodope mountains in Ardino, Bulgaria, lies the hidden gem of Krivus Fortress. Built in the 10th century, this ancient stronghold offers a captivating journey into the rich tapestry of history that surrounds it. Perched on a lofty hill, enveloped by the waters of the Arda River, Krivus Fortress…
Balkan and Sea Properties is set to diversify its portfolio and increase its exposure to Bulgaria’s real estate market with the proposed purchase of Spring Property owned by Vasil Bozhkov. The potential acquisition offers numerous advantages, including the expansion of its asset base, access to new properties, and increased investment activities in the market. However, there are risks associated with the purchase, including integration complications and potential negative impacts on the company’s financial position. Shareholder approval is required for the acquisition, and while there may be challenges, Balkan and Sea Properties will likely work to gain support from its shareholders.