“The fragmented results (of the election) may make it difficult for any party to form a government. (…) The next government faces an array of policy challenges, including mitigating the health and economic impacts of the Coronavirus Disease 2019 (COVID-19) pandemic, addressing public pressure to tackle corruption and organized crime, and managing Bulgaria’s external relations amid escalating tensions in the Black Sea region. (…) The U.S. State Department’s 2020 Investment Climate Statement for Bulgaria describes corruption as “endemic, particularly on large infrastructure projects and in the energy sector” and “in public procurement and use of EU funds.” The influence of oligarchs and criminal groups over some decisionmaking processes and state institutions also is a concern.(…)
Bulgaria’s location gives it strategic importance for an array of U.S. security concerns about Russia, the Black Sea, and conflicts in the Middle East,” reads a US Congressional Research Service Bulgaria overview report.
The submission of the budget has been postponed by a week due to Bulgaria's commitment to prepare a structural and fiscal plan, BTA has reported. On the sidelines of parliament, Minister of Finance Temenuzhka Petkova explained that..
On the occasion of the Day of Saint Cyril, the Veliki Preslav Archaeological Museum presents the exhibition "In the Footsteps of the Students". The exhibition, dedicated to the creators of the Bulgarian alphabet, follows the Cyril..
Bulgaria will be represented by President Rumen Radev and Minister of Foreign Affairs Georg Georgiev at the Munich Security Conference. The agenda of world leaders includes the war in Ukraine, US President Donald Trump's..
If Bulgaria meets the eurozone criteria, there is nothing to stop it adopting the euro on 1 January 2026. This is what Brussels sources told BNR..
In line with the example set by Croatia, followed by Greece, Romania, Slovenia, North Macedonia, Montenegro, and Bosnia and Herzegovina , four..
The Commission on Protection of Competition has requested information from producers and retailers of fast-moving consumer goods to determine the..
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