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.
With all tally sheets processed, voter turnout in Bulgaria’s parliamentary elections on October 27 is 38.94%, announced the Central Election Commission (CEC). This figure may change following a recount. According to interim data, 2,570,639..
''Bulgaria is ready to make the final step in joining the Schengen. Hungary will continue to support the government and the people of Bulgaria in this endeavor'' , Hungary’s Premier Viktor Orban wrote on X. In the post, he congratulated GERB and the..
On October 29 and 30, the Institute of Agricultural Economics holds an international scientific conference on the topic of "Sustainable agriculture and rural areas in the context of climate change". The forum at the Expo Hotel in..
“We are going to take part in talks with GERB, but if they intend to get Delyan Peevski in through the front door we’re out,” said MEP Ilhan Kyuchuk..
At a briefing , We Continue the Change/Democratic Bulgaria (PP/DB), which will likely be the second political force in parliament, urged all..
There will be scattered clouds on Wednesday. The cloudiness will be more significant in the central regions of Bulgaria and in some..
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