The European Commission has presented its specific recommendations for the economic policies of member states, including Bulgaria, within European Semester 2017. It is expected that Sofia will respect the Stability and Growth Pact both in 2017 and in 2018, which sends a positive signal to investors.
In order to achieve sustainable economic growth and to improve the standard of living of Bulgarian citizens, Bulgaria is urged to accelerate its structural reform program. The EC takes note of the progress made in strengthening the banking system, but believes that more work is needed to overcome the remaining weaknesses in the financial sector, such as the high level of bad loans.
According to the EC, improving tax collection and compliance with tax legislation, as well as reducing the size of grey economy are measures that can increase the attractiveness of the Bulgarian economy and its credibility.
Bulgaria continues to be dedicated to the joint mission of developing the potential of science in support of peace in a world of fierce competition and for the positive development of our societies. This was what Bulgarian President..
Another 80 Bulgarian citizens from Lebanon landed at Sofia airport on board the government’s plane. The number of evacuated people with two flights after September 30 is now 169. The latest flight was welcomed by Minister of..
The regional organization of Jews in Bulgaria "Shalom" for the city of Varna has collected over BGN 3,000 at a charity auction of paintings by famous artists to help the residents of the village of Voden , Yambol region, reported BNR correspondent in..
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
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