Wages in many sectors in Bulgaria are low and will remain low until more growth is achieved, said the Chairperson of the Budget Committee in the Bulgarian parliament Menda Stoyanova in an interview for the Bulgarian National Radio.
In science the potential can be used in a better way, Stoyanova explained in the wake of protests of scientists earlier this week who demanded more adequate salaries. She added that the 2018 budget would provide 60 million euro more to science but based on project financing.
A better business environment spells higher growth. Conditions for doing business should improve, Menda Stoyanova told BNR. She means macroeconomic indices such as financial stability and predictability in both economic and political terms.
Stoyanova also pointed to the importance of the effectiveness of the judicial system. “Foreign investors are given no guarantees that they will receive fast and fair justice”, she said.
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..
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
The annual planned maintenance of Kozloduy NPP Unit 6 starts today and is expected to last until early December, the nuclear power plant has announced...
+359 2 9336 661