Business

Ebrd finances bulgaria’s largest merchant solar plant to boost green energy

The European Bank for Reconstruction and Development (EBRD) has approved a loan of up to 50 million euros for Tenevo Solar Technologies EAD to build and operate a solar photovoltaic plant in southeastern Bulgaria. The project will produce over 300 GWh of electricity annually and help reduce carbon emissions by 250,000 tonnes per year. The total financing package for the project amounts to 103 million euros, with 53 million coming from Raiffeisen Bank International. ...  Oще!

Sofia’s vitoshka ranks among top global shopping streets, but trails major european hubs

According to the latest report from Cushman & Wakefield, Vitosha Boulevard in Sofia, also known as Vitoshka, ranks 51st among the world’s most prestigious shopping streets in its Main Streets Across the World 2024 report. With an average annual rent of 70 dollars per square foot, it is at the bottom of the European ranking but remains a prominent shopping destination in Bulgaria. The report ranks 138 high streets around the world, evaluating their appeal to both international and local brands....  Oще!

China grants visa-free access to bulgaria

China has announced that it will include several countries, including Bulgaria, Japan, Romania, Croatia, and Montenegro, in its visa-free access program. This program will be in effect from November 30 of this year until December 31 of the following year, according to a statement from a Chinese Foreign Ministry spokesperson, as reported by Reuters and BTA. The extension of visa-free access also includes a significant change for the 38 countries already part of the program....  Oще!

Foot locker expands into bulgaria with three new stores

Fourlis Group has announced the opening of three Foot Locker stores in Bulgaria, marking the brand’s debut in the country. The stores will be located in Sofia, Varna, and Burgas, with the grand openings set for December 2024. This development is part of Fourlis Group’s broader effort to expand Foot Locker’s presence across Southeast Europe under a newly established licensing agreement with the global leader in sports retail. ...  Oще!

Bulgaria sees 3% rise in new car registrations amid shifting eu market trends

New car sales in the European Union saw a modest recovery in October, rising 1.1% year-on-year after consecutive declines in August and September. Registrations reached 866,397 units, buoyed by gains in Spain (up 7....  Oще!

Bitcoin rockets toward $100k as trump’s pro-crypto era begins

Bitcoin approached the 100,000 dollar mark on Thursday, fueled by investor optimism about a potentially more favorable regulatory landscape under the administration of President-elect Donald Trump. The milestone, if reached, could signal a new chapter for digital assets. The cryptocurrency hit a record high of 96,898 dollars during Asian trading hours, according to Reuters....  Oще!

Over 120,000 bulgarians under 30 struggling with debt

According to Georgi Dichev, chairman of the Chamber of Private Bailiffs (CPB), Bulgaria currently has 120,000 debtors under the age of 30. Specifically, 4,000 individuals are debtors under the age of 20, 36,000 are between 20 and 25 years old, and 80,000 fall into the 25-30 age group. The data comes from the CPB's internal database, which tracks such information. ...  Oще!

Types of fordeler kredittkort

Credit cards aren't only a convenient means of payment but also a chance to make your purchases with extra joy by receiving some additional bonuses. These valuable pieces of plastic can be parts of different reward programs made by credit card companies and their partners. You might be tempted by this knowledge, especially if you haven't used plastic money before....  Oще!

How pepe coin exchange rates impact consumer loan decisions

The world of cryptocurrency is fascinating, constantly evolving, and deeply intertwined with modern financial systems. Among the many crypto coins, Pepe Coin has gained significant attention. As with other cryptocurrencies like Bitcoin and other crypto coins, Pepe Coin's value fluctuates due to market dynamics....  Oще!