Bulgaria is in 53rd position out of 64 countries in the Global Competitiveness Yearbook 2021 of the Swiss Institute for Management Development (IMD), dropping 5 positions compared to 2020 and 15 compared to 2009.
The principal challenges Bulgaria’s competitiveness faces are political instability, slow vaccination rate, limited access to e-government, slow energy transition and high energy costs to businesses. Other problem areas include quality of university education, brain drain and low spending on scientific activity and research and development as well as durable problems in administration and corruption.
More than 4 , 500 of woodland in Pirin has been destroyed by the wildfires after July 25. There are still local outbreaks on the ground, said Ivan Rizov, director of Strumiany State Forestry Enterprise in an interview with the Bulgarian news..
225,788 Bulgarians with pension for length of service and age continue to work in order to earn additional income. If people with other types of pensions are added to them, their total number exceeds 350,000 people or over 17.5..
Bulgaria's entry into the eurozone on January 1, 2026 will not make vacations more expensive. This is what Rumen Draganov, director of the Institute for Analysis and Forecasts in Tourism told the Bulgarian National Radio. The prices..
Bulgaria's entry into the eurozone on January 1, 2026 will not make vacations more expensive. This is what Rumen Draganov, director of..
The Bulgarian Parliament, pointing out the key importance of the EU cohesion policy for the economic development of the regions in..
The Consular Service at the Embassy of Bulgaria in Tehran has temporarily suspended services to citizens. For this reason, the..
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