The Bulgarian government has informed the European Commission that the implementation of the Just Transition Plan will not start this year. This was announced by the Commissioner for Cohesion and Reforms Elisa Ferreira. In her words, Bulgaria is among the EU countries where carbon pollution per unit of output is extremely high - three times above the EU average. "The transition is happening and the process of closure of some activities is natural", said Commissioner Ferreira. She specified that Bulgaria is currently working on 13 projects in the field of transition to a clean economy.
Bulgaria could benefit from EUR 1.3 billion in funding under the Just Transition Mechanism. Most of the funds are earmarked for projects in coal regions, which will be among the most affected by the transition to a climate-neutral economy.
The euro area unemployment rate stabilised for the second consecutive month in May at 6.4%, the lowest level since 1998. In Bulgaria the unemployment rate fell from 4.5% in April to 4.4% in May. Youth unemployment (under 25s) in the country is 14%...
The question is not whether Ukraine will join NATO, but when. The answer depends on the theatre of war and the ability to achieve a lasting peace, Bulgarian President Rumen Radev said at the opening of The Economist's 28th Governmental Roundtable, held..
The caretaker government has fulfilled its main task successfully – organizing fair and transparent elections for National Assembly and for European Parliament. All activities were transparent and within the deadlines set, the caretaker cabinet with..
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..
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