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Bulgaria

More Greek Businesses Deposit Their Money in Bulgarian and Romanian Banks

Bank deposits of Greeks in Bulgaria and Romania increased by 10% and 8% respectively while in Greece deposits dropped by 23% in 2015, the largest since the outbreak of the economic crisis in 2008. According to a Kathimerini newspaper report,...

Greece Ranks as Fourth Largest Investor in Bulgaria

According to information released in a report by the Greek embassy's economic trade and affairs bureau, Greece is ranked as the fourth largest foreign investor in Bulgaria. Many Greeks find Bulgaria and attractive prospect for both business and pleasure, as the...

Bulgaria to Raise 100 Km Fence Across Borders With Greece and Turkey

Bulgaria is to build a 100 km barbed wire fence along its border with Greece and Turkey and deploy thousands of border guards to prevent migrant flows. Along with the existing structure, the total fence will exceed 200 km, while...

Greek PM Tsipras at Bratislava: Europe Needs a Vision to Inspire Citizens

Europe must develop a vision to inspire its citizens, otherwise it will be driven to an existential crisis and a deadlock, Prime Minister Alexis Tsipras said on Friday after a meeting of the EU’s 27 leaders in Bratislava. "If we...

Bulgaria Raises New 30Km Fence on Border with Greece and Turkey

Fearing a new influx of refugees if Ankara cancels the agreement with the European Union, Bulgaria is raising a new fence on its border with Greece and Turkey. According to a Deutsche Welle report, in the Bulgarian border town of...

Joint Greek-Bulgarian Traffic Control Teams in Border Regions

Joint teams of Bulgarian and Greek police are to control traffic in the regions of the border between the two countries from August 5 to October 30, 2016, the Bulgarian Interior Ministry said. During this time, the teams will monitor...

Greek PM and Bulgarian Counterpart Believe Greece and Bulgaria Can Be Axis of Stability

"The Greek-Bulgarian High-Level Cooperation Council held on here on Monday will allow Greece and Bulgaria, two highly important countries of the Balkan peninsula, to make a significant new start toward establishing very close and constructive relations," Greece's Prime Minister...

Number of Greek Businesses Fleeing to Bulgaria Increases

The number of Greek businesses moving to Bulgaria has increased 20-30% in the last month as the new tax raises went in effect in June. The businesses are mostly located in northern Greece and they are small to medium enterprises,...

Bulgaria Forces Greek Train Back Over Border on Suspicion of Refugee Smuggling

Bulgarian authorities turned a Greek train back from the border due to suspicion that there were migrants being smuggled  on board. The incident took place on Saturday on the Promachonas - Kulata line, southwest of Bulgaria, report newspapers from...

First Holy and Great Synod of Christianity in 1000 Years

Orthodox patriarchs around the world are preparing for the Holy and Great Synod, a meeting that is the first in 1000 years and has been under discussion for almost a century. The Synod will take place at the Orthodox Academy...