Bulgaria is in 53rd position out of 64 countries in the Global Competitiveness Yearbook 2021 of the Swiss Institute for Management Development (IMD), dropping 5 positions compared to 2020 and 15 compared to 2009.
The principal challenges Bulgaria’s competitiveness faces are political instability, slow vaccination rate, limited access to e-government, slow energy transition and high energy costs to businesses. Other problem areas include quality of university education, brain drain and low spending on scientific activity and research and development as well as durable problems in administration and corruption.
Bansko will host the Freeride World Tour Qualifier 3 for the fourth consecutive year from March 21 to 23. Nearly 150 competitors from over 20 countries are expected to participate in the competition. The starting point is at 2746..
On Friday , the lowest temperatures will be between minus 5 and 0°C. In Sofia it will be around minus 3°C. In the morning hours along the riverbanks and around water basins there will be reduced visibility. It will be sunny during..
The importance of eurozone membership for Bulgaria was the focus of Prime Minister Rosen Zhelyazkov's meeting with European Central Bank President Christine Lagarde and Eurogroup President Pascal Donahue. On the sidelines of the European Council meeting..
Workers in state psychiatric hospitals have gone on strike demanding higher salaries and better working conditions, including adequate workplace..
Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this..
A proposal for holding a referendum on preserving the Bulgarian lev has been submitted to the parliament's registry office. This was announced by the..
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