The national priorities must be Schengen membership by the end of this year, entering the Eurozone by January 2025 and the Organization for Economic Cooperation and Development (OECD) by 2026, said the Bulgarian Industrial Capital Association (BICA). Employers expect MPs to elect a National Assembly speaker and a regular cabinet and adopt a regular budget, BICA President Vasil Velev said for the BNT. BICA calls for reducing the costs for administration, which increased with 112% as compared to 2019. According to BICA, social spending also increased too much.
“If nothing changes, there will be a budget deficit of about 7%. If our goal is to have a 3% deficit, our GDP has to be twice as big, which cannot happen in the next 5 or 6 years”, Vasil Velev said.
On Wednesday night, there will be rain showers in the south-western regions of the country. At 500 meters above sea level the rain will turn to snow. There will be no precipitation in the north-western regions of Bulgaria. During..
The coalition GERB/SDS are beginning talks for discussing joint political action within the 51 st National Assembly, the GERB/SDS press centre has announced. The meetings start on Wednesday, 13 November. Talks with the coalition Bulgarian..
The Confederation of Labour "Podkrepa" has strongly criticized the draft amendments to the Labour Code prepared by the Ministry of Labor and Social Policy, according to which the growth of the minimum wage is linked only to inflation. In a statement,..
The chairman of the Bulgarian Socialist Party-United Left urged the political forces in the new parliament to put their party selfishness aside so..
A government can be formed without DPS – A New Beginning, the Alliance for Rights and Freedoms, Vazrazhdane and MECH. All others can form a..
After two rounds of voting, the 51 st parliament failed to elect a National Assembly president. None of the candidates nominated – Natalia..
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