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.
There have been 5 390 road accidents in Bulgaria since the beginning of the year until September 29, with 334 deaths and nearly 7 000 injuries. Last week alone, there were 151 serious accidents in Bulgaria, killing nine people and injuring 201...
The Bulgarian team won three gold medals and one silver medal at the Balkan Olympiad in Informatics held in Ohrid. The gold medallists were Daniel Koynov from the Nancho Popovich High School in Shumen, Boris Mihov from the Sofia High School of..
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 was reported to caretaker PM Dimitar Glavchev on Monday morning at a Council of Ministers meeting..
On Monday, there will still be showers in the eastern half of the country. It will stop raining by the evening. Clouds will break in the western part..
Travelling to Israel and staying in the country should be avoided, except in case of emergency, the Bulgarian Ministry of Foreign Affairs said...
Nikola Nikolov - Pascal, considered one of the largest smugglers, has been arrested in Serbia during a joint operation by Bulgarian and Serbian..
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