The European Commission has again pointed to major imbalances in Bulgaria’s economy. This country remains among the 12 EU member states who are subject to special monitoring. The EC report says that the banking sector has stabilized but that the legacy of poor supervision has not been overcome yet. Further actions are needed to deal with the weaknesses of the financial sector revealed in stress tests of banks. The percentage of bad credits is a double digit figure unlike the European average. From among state-run enterprises the most indebted ones are in energy. One example given is the N-plant at Belene for which Bulgaria has paid indemnities to Russia worth more than 601 million euro or 1.3% of the country’s GDP. The labor market has improved but employment levels remain low and long-term unemployment is high, European Commission experts have found.
The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 , the press service of the Council of Ministers reports. The planned measures will cost more..
During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan Kondov informed Minister of Foreign Affairs of Lebanon, Abdallah Bou Habib, about the results of an..
European integration is the best way to guarantee and promote peace, security, democracy, human rights and the rule of law in the interest of the citizens of the countries part of the enlargement process. This position was expressed..
On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from..
During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan..
The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 ,..
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