A World Bank report on public finances in Bulgaria points out the need to improve VAT collection. It also states that greater efficiency is needed in public procurement, spending on education and helping the vulnerable groups.
According to the authors of the report, if measures were not taken now, in the long term the potential for economic growth would be severely limited. As an example, the still differentiated VAT rates, especially in the restaurant industry, the inefficient spending on education and public procurement are pointed out. It is for this reason that “if the necessary reforms are not undertaken now, growth could slow to around 1.25% by 2050." According to Deputy Minister Georgi Klisurski, in order to accelerate growth, the ministry will rely heavily on investments. Therefore, negotiations with foreign investors are conducted daily.
An alert of the highest threat level issued by one of the most influential intelligence services in the world is the reason why the home of GERB leader Boyko Borissov is guarded by snipers . This is how he responded to the question of the PP-DB party..
Caretaker Prime Minister Dimitar Glavchev rejected the request of PP-DB to be heard in the National Assembly and will not speak at today's parliamentary session. The coalition insisted that the prime minister explain the reasons for the dismissals and..
Owners of photovoltaic plants have closed the main road Ruse-Sofia at the main junction close to the village of Yassen in protest against "high balancing prices". "The prices for balance and non-balance are almost equal. They are higher than..
Ivan Ivanov, chairman of the Energy and Water Regulatory Commission, announced that a decision would be taken today on how to compensate green energy..
During the next 24 hours, cumulus clouds will develop again over the western half of the country. At night, there will be short-term..
At the European Council, Bulgaria will insist on including a text on the Republic of North Macedonia in the adoption of the conclusions of the meeting ,..
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