Bulgaria is the only country of the EU which is complying with the budget deficit criterion, said Valdis Dombrovskis, Executive Vice President of the European Commission.
Despite the strong economic growth and low unemployment rate Bulgaria is catching up with the rest of the EU slowly, according to the European Commission spring economic report. The country has a high level of poverty and income inequality. The percentage of non-performing loans remains high. Supervision in the insurance sector needs to be additionally reinforced, even though considerable progress has been made. The challenges in the fight against corruption remain and there is no convincing evidence as yet of the prosecution of high-level cases.
During the night, fog and low clouds will persist in the plains and valleys. The lowest temperatures in most areas will range from 0°C to 5°C, for Sofia around 1°. On Monday, the wind will shift from the northwest, in Eastern Bulgaria from the..
The postponement of the request for a convergence report on Bulgaria's entry into the Eurozone is not fatal. It is more important to achieve stability in governance, finance and the economy, Vice President Iliana Iotova said. She participated in the..
The Deputy Chairman of VMRO, Carlos Contrera, called for a boycott of large food chains in Bulgaria ''because of high prices''. His call on Facebook follows the example of a civic boycott of food chains in Croatia, which spread to other Balkan..
Economists and financiers have started a petition demanding that a request for an extraordinary convergence report on the introduction of the euro in..
The Deputy Chairman of VMRO, Carlos Contrera, called for a boycott of large food chains in Bulgaria ''because of high prices''. His call on Facebook..
During the night the clouds will increase. After a temporary improvement in visibility, there will be fog or low clouds in the lowlands and valleys...
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Scattered showers
Mostly Cloudy
Cloudy
Rain