At the annual meeting of business with the government in Bulgaria EC Vice-President Valdis Dombrovskis presented positive results of euro area membership to Bulgarian. Dombrovskis has pointed out that cooperation with Bulgarian authorities was very good and the country had good fiscal policy and macroeconomic indicators.
However, Bulgaria is expected to improve overall governance in the financial sector, as well as to work for overcoming poverty and social exclusion. Commissioner Dombrovskis pointed out that the outcome of the stress tests in the banking system in July 2019 will be decisive for Bulgaria’s path to ERM II. According to the EU Commissioner, Eurozone membership is a guarantee for stability and a secure way to ensure a better business environment, which would help Bulgaria attract more foreign investors.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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