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 Constitutional Court has rejected as inadmissible President Rumen Radev's request to overturn the decision of Parliament Speaker Nataliya Kiselova. With her decision, Kiselova prevented the MPs from considering the head of..
The Black Sea resort complex "Golden Sands" is hosting the second edition of the international tourism forum Erlebe Bulgarien, which will be held from June 11 to 15. This year's forum will focus on tourism opportunities on the..
On Wednesday , the lowest temperatures will be between 16 and 19°C; in Sofia - about 16°C. During the day it will be mostly sunny. In the afternoon, clouds will form again over Western Bulgaria and the Danube Plain and in some..
The Ministry of Agriculture and Food and the Agricultur al Academy presented Bulgaria's innovation and scientific potential in agriculture during..
A cargo ship carrying agricultural fertilizers got stuck in shallow waters near the entrance channel of the port of Burgas while..
Young people in Bulgaria are ready to be part of the change, but they do not believe that they are given the opportunit y, indicate data of a..
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