Tighter regulation and growing geopolitical tensions have caused a downturn in global Chinese outward FDI in the past two years. The Central and Eastern Europe region is no exception.
GetMyBoat, which describes itself as the world’s largest “Airbnb (or Uber) for boats” has seen a dramatic surge in business in Central, Eastern and especially Southeast Europe this summer.
Preliminary statistics office figure in line with forecasts from international financial institutions that have projected Bulgaria’s GDP growth above 3% in 2019.
Erdogan administration reportedly trying to come up with formula that would not hit other automakers on market ravaged by recession.
Despite the recent consumer boom, all but one of the eastern EU members produces less waste than any western member, a new study from Eurostat shows.
Bulgaria could adopt the European single currency as early as January 2023, says the international rating agency.
An outbreak of Legionnaires’ disease linked to a Bulgarian hotel and a freak accident on an “extreme” waterslide have raised doubts among British holidaymakers about the Southeast European destination.