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 Friday, cloudy weather will prevail over the country. The wind will be oriented from the northwest, will strengthen and in the Danube Plain its speed will reach 10-15 m/s. With it, cold air will invade the country and temperatures will drop and by..
"After today's vote for Speaker of the National Assembly, ''We Continue the Change'' (PP) demanded the resignations of Daniel Lorer and Yavor Bozhankov", the party's co-chairman Kiril Petkov wrote on Facebook. Silvi Kirilov, nominated by "There..
In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..
The U.S. Department of State today released the data for the refused type B visas for the financial year 2024. For Bulgaria, this percentage is 6.02%,..
At the opening of a business forum in Ho Chi Minh City during his official visit to Vietnam, Bulgarian President Rumen Radev pointed out that Bulgaria..
The Bulgarian Hotel and Restaurant Association (BHRA) presented its annual awards for professional achievements in the field of tourism. The Bulgarian..
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