Though good and stable, economic growth in Bulgaria is insufficient for catching up with average European levels, reads the regular annual report on the state of the Bulgarian economy of the Bulgarian Academy of Sciences Economic Research Institute.
Depending on the extent to which the country manages to keep up the economic growth rate, it will take 90 to 233 years for Bulgaria to be able to reach European levels. The objective should be anticipatory economic growth and a more significant increase in incomes that will ease social tension, the report reads. There exists capital flight in huge amounts. In 2016 the net capital outflow is estimated at close to 3.400 billion euro, in 2017 - 3.100 billion euro. The net outflow of Bulgarian capital produced in this country is estimated at one third of the investments in the country, Prof. Garabed Minasyan from the Bulgarian academy of Sciences Economic Research Institute said for the Bulgarian National Radio.
The International Olympic Committee (IOC) and the European Olympic Committee (EOC) will work and contact only with the new leadership of the Bulgarian Olympic Committee (BOC), elected at the General Assembly on March 19 . This was commented to the media..
Employees of the Road Infrastructure Agency will hold a protest action today at 12:00 under the slogan "Decent work - decent pay" demanding higher wages. The protest is organized by the two largest trade unions in Bulgaria - the Confederation of..
The Speaker of the National Assembly, Natalia Kiselova, is on a working visit to Albania to participate in the Parliamentary Assembly of the South East European Cooperation Process, at which the Bulgarian Parliament will assume the presidency of the..
President Rumen Radev is leaving for an official visit to the Republic of Kazakhstan and the Republic of Uzbekistan, BTA reports. The..
The second F-16 Block 70 aircraft of the Bulgarian Air Force is now at the Third Air Base in Graf Ignatievo, the press center of the..
Bulgaria and Kazakhstan will work on the development of the Trans-Caspian international transport corridor, known as the "Middle Corridor". This was..
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