“There ought to be no excuse, for anyone, for the fact that the pace of development in this country is comparatively slow,” financier Lyubomir Datsov said for the BNR, and added that the current administration is the only one in the entire period of transition in the country to have had a 10-year term of office.
He pointed out that for seven months there has been no discussion of how the economy and public finances will be restructured after the epidemic. To make up for that, “quantitative gifts” are constantly being announced, but “we should all be aware that they are taken from our taxes, or from new loans,” Lyubomir Datsov said. In his words it is about time all long-delayed reforms were started, and the money channeled to the restructuring of the economy.
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. In presenting the institute's alternative state budget, the..
Bulgaria and India will intensify their cooperation in various sectors of mutual interest. This was discussed at a meeting of the Bulgarian Minister of Economy Petko Nikolov with Ambassador of India to Bulgaria H.E. Sanjay Rana. The two focused..
On October 31, 2024, 10 business leaders in Bulgaria founded the first Bulgarian-Czech Chamber of Commerce in the country. At the Embassy of the Czech Republic in Sofia, in the presence of Martin Dvořák, Minister of European Affairs of the Czech..
Urgent reform of Bulgaria's planning districts is needed, local authorities insist.The current regionalization shows increasing economic imbalances in..
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