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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
Central European Media Enterprises enters Bulgarian market
Central European Media Enterprises (CME) announced on July 28 that it had entered into an agreement that would give it an 80 per cent interest in two Bulgarian TV stations. The two stations are TV2, established in November 2007, and cable sports.....| Read more
No VAT or excise duties rates cut, finance minister says -report: Amid calls for cutting down ....
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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