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.
Delyan Peevski has alerted the Commission on Protection of Competition (CPC) about a possible fuel cartel involving Lukoil, the press office of the Movement for Rights and Freedoms- New Beginning said. Delyan Peevski asked CPC to conduct a..
Poetess, writer and publisher Bozhana Apostolova passed away at the age of 80 at her home in Plovdiv, her son, MP Manol Peykov, announced. Bozhana Apostolova was a publisher, poet, prose writer and recipient of Bulgaria’s highest state..
Supporters of keeping the Bulgarian lev after 2026 and the Ministry of Interior disagree on the number of people who took to the streets of Bulgarian cities on May 31. The organizers of the protest, which took place in Sofia and in more than..
The introduction of the euro will not affect household electricity prices, Energy Minister Zhecho Stankov told BNR. He added that from the day Bulgaria..
Pope Leo XIV appeared last night in the Vatican Gardens wearing an omophorion gifted to him by Bulgarian Prime Minister Rosen Zhelyazkov , the Catholic..
Nearly one in three children in Bulgaria lives in material deprivation, according to data from the National Statistical Institute for last year, reported..
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