The European Commission has presented its specific recommendations for the economic policies of member states, including Bulgaria, within European Semester 2017. It is expected that Sofia will respect the Stability and Growth Pact both in 2017 and in 2018, which sends a positive signal to investors.
In order to achieve sustainable economic growth and to improve the standard of living of Bulgarian citizens, Bulgaria is urged to accelerate its structural reform program. The EC takes note of the progress made in strengthening the banking system, but believes that more work is needed to overcome the remaining weaknesses in the financial sector, such as the high level of bad loans.
According to the EC, improving tax collection and compliance with tax legislation, as well as reducing the size of grey economy are measures that can increase the attractiveness of the Bulgarian economy and its credibility.
The Church of the Transfiguration of the Lord in Borovets - the only wooden church in Bulgaria, marked its holiday today. A liturgy was served by Bishop Gerasim of Melnik. The Speaker of the National Assembly, Natalia Kiselova, was among the official..
On Thursday, minimum temperatures will range from 14 to 22°C, reaching a low of 14°C in Sofia. It will be mostly sunny during the day , with temporary cloud cover and brief showers in the mountains. There will be light to moderate winds in the east of..
"We Continue the Change" (PP) is starting a petition against the sale of over 4,400 state properties by the government, the party's press center reports, quoted by BTA. The petition is under the motto "Bulgaria is not for sale!". The party points out..
Amendments to Bulgaria’s Road Traffic Law, published in today's issue of the State Gazette, will come into force in one month. From 5 September,..
On Wednesday, minimum temperatures will range from 16 °C to 21 °C , with 16 °C in Sofia. It will be mostly sunny during the day, but rain and thunderstorms..
A 21-year-old foreign national has been detained in Yambol for transporting illegal migrants. According to police reports, the arrest took place on..
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