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Month: May 2022

Europe 

World Bank announces $30BN response to global food security crisis

May 19, 2022May 19, 2022 The Sofia Globe staff Russia, Ukraine, World Bank

The World Bank has announced actions it plans to take as part of a comprehensive, global response to the ongoing

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Bulgaria 

Bulgarian restaurateurs: Increasing VAT on wine and beer dooms restaurants to bankruptcy

May 19, 2022May 22, 2022 The Sofia Globe staff

The Bulgarian Hotel and Restaurant Association (BHRA) has spoken out against the proposal by the ruling majority to increase value-added

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Europe 

EIB approves 4BN euro credit line to support integration of Ukrainian refugees in EU countries

May 19, 2022May 19, 2022 The Sofia Globe staff Refugees, Russia, Ukraine

The European Investment Bank’s (EIB) board of directors approved on May 18 a four billion euro credit line (or programme loan)

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Bulgaria 

Opera Open 2022 in Bulgaria’s Plovdiv starts on June 19

May 19, 2022May 20, 2022 The Sofia Globe staff Plovdiv

The annual Opera Open festival in Plovdiv starts on June 19 2022 with a Concert for Peace at the Ancient

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Bulgaria 

Bulgaria allocates EU funds to assist Ukrainians fleeing the war

May 18, 2022May 20, 2022 The Sofia Globe staff Refugees, Russia, Ukraine

Bulgaria’s Cabinet decided on May 18 on the allocation of about 120 million leva in EU funds to assist Ukrainians

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Bulgaria 

Bulgaria’s government approves Italian deployment in battle group

May 18, 2022May 18, 2022 The Sofia Globe staff Nato

Bulgaria’s Cabinet approved on May 18 the deployment of up to 800 Italian military personnel in the country as part

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Europe 

EC proposes new 9BN euro for Ukraine, plan to cut reliance on Russian energy

May 18, 2022May 19, 2022 The Sofia Globe staff Russia, Ukraine

The European Commission (EC) is proposing to top up the significant short-term financial relief provided to Ukraine up to now,

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Business 

FDI in Bulgaria in Q1 2022 was 1.06B euro

May 18, 2022June 4, 2022 The Sofia Globe staff macroeconomic indicators

Foreign direct investment in Bulgaria in the first three months of the year stood at 1.06 billion euro, the equivalent

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Bulgaria 

Bulgaria’s ruling majority proposes measures to counter impact of inflation

May 18, 2022May 20, 2022 The Sofia Globe staff

Zero-rating bread for value-added tax (VAT) for a year and significantly increasing pensions are among proposed measures announced on May

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The Sofia Globe provides news, features, insight and analysis about Bulgaria, Central and Eastern Europe and the wider world according to the high professional standards of independence and objectivity that we have set ourselves in our Editorial Charter. Read more about us.

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Legal Notice Действителен собственик на настоящото издание е Клайв Левиев-Сойър.

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