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.
At 12 noon today, to the sound of sirens, people around the country paid tribute to the memory of revolutionary poet Hristo Botev and all people who have laid their lives for the freedom of Bulgaria, by standing still in the course of 2 minutes...
At a meeting with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Prime Minister Rosen Zhelyazkov stressed that the country is on the eve of the adoption of the Euro, which will start a new chapter for Bulgaria’s economy...
More than 2,000 post offices in small towns and villages will exchange Leva for Euro from the day Bulgarian joins the Eurozone, Stanimir Belinov, deputy director of Bulgaria’s national postal service Bulgarian Posts said for the BNR. Every customer..
The legendary train “Orient Express”, will stop today at 12:45 p.m. at the Central Railway Station in Ruse, BTA reports. The..
'Legal changes have been drafted in response to the frequent road accidents involving trucks, ' said Grozdan Karadzhov, the Deputy Prime Minister and..
The fifth edition of the “Science for Business” forum, organized by the Bulgarian Academy of Sciences and the Bulgarian Small and Medium Enterprises..
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