"Bulgaria needs to defend an active position regarding the EU fiscal rules reform which appears to be gaining momentum. As a country with one of the best debt-to-GDP ratios, it should receive support and not be penalized, if within one year the budget deficit is slightly above 3% of the GDP", caretaker Deputy Premier for EU Funds Management Atanas Pekanov said in an interview with Investor.bg.
“Say that, for instance, Bulgaria‘s deficit is slightly over 3%, but its government debt accounts for 25% of its GDP. In this case, the country should not be in a worse position than a country in which the deficit is 1% of the gross domestic product, but the government debt is 140% of the GDP", Atanas Pekanov said.
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index declined in all monitored sectors, the National Statistical Institute announced. In industry, the..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian economy – Unlocking growth: the road ahead after the election. “Concord should be sought and..
In the next 12 months, the Bulgarian business needs about 262,000 workers and specialists , according to a study by the Employment Agency. This is nearly 9.3% of the currently employed. Compared to the results in 2023, there is a..
In the space of 15 years, from 2005 until 2020, 75% of the farms in the country have disappeared – from 500,000 in 2005 down to 132,000 in 2020, said..
Petar Ganev , senior researcher at the Institute for Market Economics announced, for the BNR, the publication of their white paper of the Bulgarian..
In October 2024, the total business climate indicator decreased by 5.6 percentage points compared to September, dropping from 22.5% to 16.9%. The index..
Mostly Cloudy
Partly Cloudy