Bulgarian authorities plan to invest in tourism projects in “beautiful and lesser-known places around the country” and build them up to their former splendor and prominence. The first areas to benefit from the initiative are the town of Trun in western Bulgaria, the village of Sitovo near Plovdiv and Goleshevo …

New financial leasing contracts in Bulgaria continued to dwindle in the final quarter of the year, totalling 936 million leva, down 15% from the three months before, showed central bank data. As the financial meltdown began to make its way into the Bulgarian economy, the sector started to lose momentum …

Kosovo and Austria have signed a memorandum of understanding pledging to foster closer economic cooperation. The main focus of the deal will be the intensification of trade, cooperation in private sector economy, promotion of direct investments, export promotion and brain and technological transfers. Signed by Kosovo’s Minister of Trade and …