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.
I have submitted an application to resign from the position of President of the National Assembly, Nataliya Kiselova announced after opening the plenary session on October 29. "Today I am resigning and in this way I am showing how..
Restaurant owners and hoteliers, whose establishments will welcome customers on New Year's Eve, warn that they are seriously worried about how payments and revenue reporting will be handled. Until midnight, they must accept payments..
The European Commission expects Bulgaria to provide a position and assessment of the possible consequences for the Lukoil refinery in Burgas as soon as possible after the imposition of US sanctions against the Russian company. This..
Bulgaria’s draft social security budget indicates that the minimum wage from 1 January 2026 will be lower than the level set out in the Labour Code ,..
The necessary net monthly income for subsistence for a worker living alone in September 2025 is 1,547 leva (748 euros) . For a three-member family with a..
Bulgaria’s Vertical Gas Corridor project is on track for completion by the end of 2026 , according to Energy Minister Zhecho Stankov, who stressed that..
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