Bulgaria ranks 36th in the 2020 Index of Economic Freedom of the Heritage Foundation. Bulgaria’s economic freedom score is 70.2. Its overall score has increased with 1.2 point due to the increase in the score for government integrity. Bulgaria is ranked 19th among 45 countries in the Europe region and its overall score is just above the regional average and well above the world average. Bulgaria has been making steady progress in economic freedom for more than a decade and this year its economy has finally entered the ranks of the mostly free. Improved economic freedom has been tracked closely by steady and healthy GDP growth during the past five years, the Heritage Foundation underlines.
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security of supply . This was stated by Energy Minister Zhecho Stankov at the Energy Summit, organized by the..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President Rumen Radev at a meeting with the Ambassador of Vietnam Do Hoang Long . The meeting was also..
The prospects for developing the significant potential of tourism in Bulgaria were discussed at a meeting between the Bulgarian Head of State Rumen Radev and the Secretary-General of the UN World Tourism Organization Zurab Pololikashvili. The..
Bulgaria is to take part in common procurement procedures in the sphere of defence at an EU level, under projects for the acquisition of IRIS-T air..
On Wednesday, minimum temperatures will range between minus 5° C. and zero, lower in the Northeastern parts of the country where they will drop down..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US..
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