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.
Sofia Mayor Vasil Terziev and Deputy Mayor of Sofia for Finance Ivan Vasilev met in Bulgaria's capital with the European Bank for Reconstruction and Development Associate Director Donald Mishaxhiu. The purpose of the meeting was to explore..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official meeting in the Council of Ministers between Prime Minister Rosen Zhelyazkov, Minister of Tourism..
The second payment from the EU under the National Recovery and Resilience Plan of 653 million euros will certainly be refused, even though Bulgaria has implemented 85% of the reforms undertaken to this stage. This was stated at a briefing by Deputy..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
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