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.
According to the Bulgarian Consulate General in Valencia, no Bulgarian citizens have been reported dead or injured, the press office of the Bulgarian Ministry of Foreign Affairs told the BNR. There have been no reports of Bulgarian citizens in..
“I call for restraint on the part of politicians and for a constructive dialogue because the formation of a regular and stable government, such as we all want, is in their hands,” said caretaker PM Dimitar Glavchev at the beginning of today’s..
“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 from the Alliance for Rights and Freedoms, chair of the European Parliament's Committee on Legal..
“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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