Bulgaria is in 53rd position out of 64 countries in the Global Competitiveness Yearbook 2021 of the Swiss Institute for Management Development (IMD), dropping 5 positions compared to 2020 and 15 compared to 2009.
The principal challenges Bulgaria’s competitiveness faces are political instability, slow vaccination rate, limited access to e-government, slow energy transition and high energy costs to businesses. Other problem areas include quality of university education, brain drain and low spending on scientific activity and research and development as well as durable problems in administration and corruption.
The first and most important goal is the adoption of the state budget. The second is the Recovery and Resilience Plan. The eurozone is a political issue and if we have a government, I believe we can move it forward and then go to elections, GERB..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest parliamentary group-GERB-SDS. Rossen Zhelyazkov announced the structure and composition of the cabinet,..
As of today, the price of electricity for household consumers will rise by an average of 1.7%, while the price of central heating and hot water will decrease by 8.5%, the Energy and Water Regulatory Commission said. The biggest increase in..
Bulgaria’s national team of mathematics put up an excellent performance at the Junior Balkan Mathematical Olympiad. Six Bulgarian students returned from..
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder