In the context of Covid-19 pandemic, the 2021 state budget must focus on a package of brave and bold structural reforms and promote investments, employment and productivity, experts from the Institute for Market Economics are advising.
The recommendations are part of the institute’s alternative state budget prepared for the 18th consecutive year. Fiscal policy next year must ensure effective anti-crisis measures, but also create sufficient budget buffers to ensure economic security. The experts note that in order for the economy to recover quicker, this country needs a tax system that promotes or at least does not hinder new investments and employment, BNR reporter Natalia Ganchovska reports.
The majority in parliament overcame the president's veto on the Investment Promotion Act. The bill was passed in second reading on October 24, but President Rumen Radev vetoed parts of it, arguing that the proposed rules specifically..
Deputy Prime Ministers and Ministers of Transport Grozdan Karadzhov and Aleksandar Nikoloski signed an agreement in Gyueshevo for the construction of a railway tunnel between Bulgaria and the Republic of North Macedonia. The facility..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia District Prosecutor Natalia Nikolova said at a briefing. She indicated that 13 addresses were..
Birth rate in Bulgaria has decreased by 33% over the past three decades. In 1994, 79,442 live births were registered in the country, while in 2024 the..
The police have neutralized an organized crime group that transported migrants from Burgas through Sofia to the Serbian border, Sofia..
''I am not surprised that the president’s veto concerning the sale of Lukoil’s assets was overturned, because even on such a delicate, serious and..
Rain
Cloudy
Scattered showers
Overcast, rain