The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of corruption is important. "This has an additional positive effect. Better governance reforms are the cornerstone for unblocking European funds," said Gottlieb, who participated in the "The Noise of Money" forum in Sofia .
According to Gottlieb, Bulgaria has a very high percentage of young people of working age who neither study nor work and this is a huge problem for the labor market. More investments and better management of resources are needed, including a serious improvement in digital skills.
Bulgarian President Rumen Radev extended an invitation to Japanese business to invest in Bulgaria . This happened during an economic forum in Tokyo organized by the Japan External Trade Organization JETRO . At the forum, Radev who is on..
According to Eurostat estimates, price growth in the EU slowed down to 2.4% year-on-year in April 2025, compared to 2.5% in March. According to data reported by BTA, Bulgaria's annual inflation rate slowed down to 2.8% in April, down from 4% in March..
'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the 'mighty financial powerhouse'. These descriptions are all accurate, sparking the interest of..
Mostly Cloudy
Clear
Partly Cloudy
Partly cloudy, chance of rain