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.
Nearly 30 people who had to fly to London with a low-cost airline were not allowed to board the plane at Sofia Airport. The flight was in the early afternoon. ''We checked in, went to the runway and waited. The crew started to board some passengers...
The honorary chairman of the Movement for Rights and Freedoms (DPS) Ahmed Dogan, who led two candidate lists of the Alliance for Rights and Freedoms, stated that he will not become an MP in the 51st National Assembly. "I do not belong there. I..
The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant...
“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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