Bulgaria has overcome the consequences of the economic crisis, but this is due to the rapid growth of just 9 regions, while in the remaining 19 regions the actual GDP is still lower in comparison to 2008. Regional disparities are growing and deepening, while the absorption of EU funds has not achieved its main goal - bringing regions in the country closer to each other in terms of economic development as well as shortening the distance to the level of prosperity in Europe. The differences are especially pronounced in the labor market and the education system. These are some of the findings in the fifth annual study "Regional Profiles: Development Indicators 2016" prepared by the Institute for Market Economics.
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on Thursday. Prime Minister: Bulgaria has a month to decide how to proceed after US sanctions on..
Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
By mid-2026, Bulgaria should be removed from the Financial Action Task Force (FATF) “grey list” of countries with deficiencies in its anti-money..
Plovdiv Airport welcomed the first flight from Milan (Malpensa) with an official ceremony on October 26. The aircraft carried 87 passengers on the newly..
The “water meter fee” will be removed from the proposed amendments to the Water Supply and Sewerage Services Regulation Act, Minister of Regional..
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