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 sending troops to Ukraine is out of the question , caretaker Prime Minister Dimitar Glavchev said at the beginning of his hearing in parliament. Glavchev was briefing MPs on Bulgaria's position at the upcoming NATO summit in Washington. In his..
GERB leader Boyko Borissov said that his party would no longer take part in negotiations and that the next step would be elections. Speaking on the sidelines of Parliament, Borissov pointed out that after the rejection of GERB's government..
Upon entering Parliament, Lena Borislavova of the PP-DB commented on Delyan Peevski's indication that he would expel the rogue DPS MPs as his move to make the DPS a third political force. Yesterday, 30 DPS deputies supported the GERB-SDS proposal for a..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
The position Bulgaria is going to the NATO summit with indicates that Bulgaria could offer Ukraine EUR 80 million , caretaker PM Dimitar Glavchev told..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the..
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