Bulgaria is mining friendly with a stable regulatory environment. Located on the Balkans, Bulgaria is bounded to the north by Romania, to the west by Serbia and Macedonia, to the south by Greece and Turkey and to the east by the Black Sea.
Capital: Sofia
Geographical size: 111 994 km²
Population of Bulgaria: 6,879,613 (2020)
GDP of Bulgaria: 15 billion US dollars (2019)
Official EU language(s): Bulgarian
Political system: Parliamentary republic
EU member state since: 1 January 2007
Stable parliamentary democracy: EU, NATO and WTO member
Currency: Bulgarian lev BGN
Bulgaria’s currency is fixed to the Euro under a currency board arrangement. The local currency, the Bulgarian Lev, has been pegged to the Euro since 1999.
Bulgaria held the revolving presidency of the Council of the EU for the first time in 2018.
Bulgaria is also a full member of the Central European Free Trade Association.
Bulgaria has some of the most favorable taxes in the EU including a 10% corporate income tax rate. Bulgaria is politically and economically stable.
Educational standards within the country are high.
Bulgaria is well serviced by facilities and infrastructure. The country is served by an extensive network of paved roads, except in the most mountainous districts. There is also a comprehensive rail network.