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.
There will be scattered clouds on Wednesday. The cloudiness will be more significant in the central regions of Bulgaria and in some places light rainfalls are possible. Clouds will decrease to mostly sunny weather in the afternoon...
At a briefing , We Continue the Change/Democratic Bulgaria (PP/DB), which will likely be the second political force in parliament, urged all parties and parliamentary groups to clearly state that they will never work with the Movement for Rights..
After counting 100% of the election protocols it turned out that the Velichie party has a result of 3.999% of votes with 4% required to enter the parliament. The party will contest the results of the election. This was what Ivelin Mihailov from the party..
After the early parliamentary elections on October 27, the Central Election Commission published data of 100% of processed tally sheets...
The real estate market in Bulgaria "froze" at last year's levels. According to the data of the National Association "Real Estate", quoted by BTA, an..
The NATO Multinational Battle Group in Bulgaria demonstrated its readiness to repel a potential attack on Bulgaria. The command staff exercise at the Novo..
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