The national priorities must be Schengen membership by the end of this year, entering the Eurozone by January 2025 and the Organization for Economic Cooperation and Development (OECD) by 2026, said the Bulgarian Industrial Capital Association (BICA). Employers expect MPs to elect a National Assembly speaker and a regular cabinet and adopt a regular budget, BICA President Vasil Velev said for the BNT. BICA calls for reducing the costs for administration, which increased with 112% as compared to 2019. According to BICA, social spending also increased too much.
“If nothing changes, there will be a budget deficit of about 7%. If our goal is to have a 3% deficit, our GDP has to be twice as big, which cannot happen in the next 5 or 6 years”, Vasil Velev said.
On Thursday, minimum temperatures will range from 8°C to 14°C. Around 9°C is expected in Sofia. Cloud and rain expected in western and central Bulgaria in the morning, and short showers in the east later. Risk of heavy downpours overnight. The..
The Supreme Court of Cassation has dismissed the case over the expulsion of Delyan Peevski from the Movement for Rights and Freedoms and several other people. This happens a day after "DPS - New Beginning" announced that Dzhevdet Chakarov had..
In the first quarter of 2025, 1.1 million Bulgarian citizens made tourist trips. 75.7% of them traveled only in the country; 20% - only abroad, and 4.3% traveled both in the country and abroad, according to NSI data. Bulgarian citizens aged 45 -..
Students of medicine, young doctors and medical specialists from six towns – Sofia, Plovdiv, Pleven, Burgas, Varna and Stara Zagora – are staging..
Household consumers will remain on the regulated electricity market for an unlimited period, said Energy Minister Zhecho Stankov at a briefing at the..
Rose picking season is starting this year with serious problems because of the prolonged cold spell, BGNES reports. The people in this line of..
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