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.
The Civil Protection Training Centre in Montana is currently hosting an international NATO exercise with around 1,200 participants from over 40 countries and organisations worldwide. Acting US Ambassador McDowell visited the training ground and met..
The government plans to open primary healthcare clinics in small towns and provide incentives to encourage healthcare professionals to work in underpopulated areas. This is part of the government-approved National Health Strategy, which aims to..
The government has approved amendments to the Defence and Armed Forces Act. The changes will introduce training in Military Affairs and Defence at professional colleges. This training will be recognised as equivalent to the skills and qualifications..
Bulgarian MEP from the Europe of Sovereign Nations group Petar Volgin, known for his pro-Kremlin position, condemns Russian interference in Eastern..
OnTuesday, it will be mostly sunny with temporary increases in cloud cover . A weak to moderate wind will blow from the east-southeast. Maximum..
An International Monetary Fund mission will visit Bulgaria as part of its annual review of the country’s economy , the Fund said in a statement...
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