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.
Wednesday's minimum temperatures will be 1–6°C , with Sofia at 1°C. Some lowland areas may have reduced visibility in the morning. It will be mostly sunny during the day, with a light to moderate south-westerly wind. Maximum temperatures will reach..
Switzerland is providing financial assistance worth 21,350,000 Swiss Francs to support Bulgaria's migration policies. "As EU's external border we have the responsibility to prevent the entry of persons who may pose a security threat, and on the other..
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 , BNR “Horizont” reports. According to sources, the minimum wage will be €605 rather than €620 (BGN..
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..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
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