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 has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians in Lebanon have already been evacuated on a government aircraft flight, BNR's correspondent Mira..
The highest average age of young people in the EU leaving their parental home was recorded in Croatia (31.8 years), Slovakia (31 years), Spain (30.4 years), Bulgaria, and Italy (30 years in both countries). Finland (21.4 years), Sweden and Denmark..
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...
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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