CHRISTMAS & NEW YEAR MESSAGE FROM THE EXECUTIVE CHAIRMAN OF EUROLINK INVESTMENT GROUP It’s Christmas again! Joyful and triumphant …with renewed hopes and faith for a better world! They say, Christmas is the Holly Day for Children and so it should be! Not only for our Children, but for the Children all over the World! […]
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Orthodox Bulgarians Mark Christian Family Day
Today, 21.11., the Eastern Orthodox Church marks Chistian family day. The liturgical feast is also dedicated to the Presentation of the Blessed Virgin and celebrated by the Roman Catholic Church as well. The feast was first introduced in Constantinople Church in VII century by Patriarch Tarasius and by Pope Gregory XI in the Roman Catholic […]
Bulgaria Central bank Orders Victoria Bank to Start Servicing Depositors from Dec 12
Bulgarian Central Bank has just announced that Victoria Bank will start servicing all depositors as of Dec 12. The control over Victoria Bank was seized by BNB (Bulgarian National Bank) on June 22. Two days earlier Victoria Bank’s parent, Corporate Commercial Bank or KTB, was placed under special supervision following a deposits run. Even though […]
Chinese company invests € 100 million in Bulgaria
The funds will be invested in the construction of AgroBusinessPark Tianjin State Farms Agribusiness Group announced plans, approved by the Government of Tianjin, to invest 100 million Euro in the construction of Agro Business Park for processing of agricultural production in Bulgaria. The idea is to attract another five Chinese companies in order to invest […]
Foreign trade has marked growth in September
The export marks a 15% growth while the import follows with a little less than 8% Bulgarian export to third countries in September has grown by 15% compared to the same month the previous year and amounts to 1.5 billion BGN according National Statistical Institute. Bulgaria’s main trade partners are Turkey, Singapore, Russia, China, Macedonia […]
Bulgaria is the single European country in the Top 10 Outsourcing destinations list
Bulgaria is the most attractive place in terms of outsourcing in Europe and the single European country featured in the A.T. Kaerney world rating. 51 countries took part in the survey and Bulgaria took the prestigious 9th place among the most desired outsourcing destinations reported the Bulgarian outsourcing agency. This is the second time in […]
Bulgaria has the second lowest public debt in the EU
Bulgaria has the second smallest public debt in EU according to Eurostat’s revised data. At the end of 2013 the debt of EU-28 amounted to 11,55 trillion Euro or 85.4% of GDP and has grown compared to previous years. The lowest debt as percentage of GDP has been reported in Estonia (10.1%), Bulgaria (18.3%), Luxembourg […]
New activities
Eurolink Investment Group would like to present to your attention one of the group’s new websites – www.realestatesbulgaria.com. There you can find detailed information about property for sale in the city of Varna and the region. The information is also available in English and Russian language. Our website – www.bulgarian-land-investment.com – gives information about land […]
Bulgaria has the lowest cost of living in Europe
EU’s official static producer, Eurostat, has created a list of the cheapest and most expensive countries in Europe in terms of cost of living. Not surprisingly, prices in Denmark are 40% higher than the EU average. The entire Scandinavian and North Western European regions have higher cost of living compared to the Mediterranean and Eastern […]
InvestBulgaria Agency has recently announced that foreign direct investments in Bulgaria for the first three quarters of 2014 have increased.
Foreign direct investments in Bulgarian economy from January to July 2014 amount to 1.221 billion Euro or 3% of GDP according to preliminary data of Bulgarian National Bank. FDI for the same time period in 2013 have been 1.174 billion Euro or 2.9% of GDP. Thus BNB reports a 4% growth amounting to 47.5 million […]