Greece a laggard in venture capital funds too

Greece has a very poor record as far as the amounts invested in startups by venture capital funds are concerned: Since 2013, no more than 220 million euros has been invested in local startups, placing Greece in 23rd place among 34 European countries, according to Atomico's annual report presented this week, titled "The State of Europe Tech 2018."

EU countries back investment screening plan with China in mind

European Union countries agreed on Wednesday to a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China.

Under the plan, developed in the wake of a surge in Chinese investments, the European Commission would investigate foreign investments in strategic technologies and infrastructure such as ports or energy networks.

Eurostat: Half of Bulgarians can not Cope with Unexpected Financial Costs

Nearly 53% of Bulgarians could not cope with unexpected financial costs last year, according to Eurostat's analysis of the share of people in the EU who faced unexpected financial problems in 2017. The EU's average indicator for the people who could not respond adequately to unexpected financial challenges last year was 34%, according to European statistics.

Greece jolted by powerful quake but virtually unscathed

A powerful earthquake shook western Greece early on Friday, damaging a port and a 15th century monastery, but causing no major injuries, officials and local media said.

The quake sent out tremors felt as far afield as Libya, Italy, Malta and Albania. Greek authorities initially issued a tsunami warning then withdrew the alert.

Deputy Prime Minister Donchev met with the Honorary Consuls in Bulgaria

24 October 2018, Sofia - Deputy Prime Minister Tomislav Donchev met with the Association of Honorary Consuls yesterday in Sofia to discuss the possibilities for working together to develop the international and economic relations of our country. The Deputy Minister of Foreign Affairs Georg Georgiev was also present at the meeting.