Bulgaria faces deep structural challenges. The economy is characterized by low added value and regional challenges, chairman of the Bulgarian Industrial Association (BIA), Dobri Mitrev, said. He presented the BIA index for “Economic Policy Effectiveness”. Mitrev pointed out the need for structural reforms, digitalization, and added that sustainable budget discipline was necessary.
The number of patents is alarmingly low, which speaks of the weak connection between business and science, it became clear during the presentation of the index. Foreign direct investments as a share of GDP for 2024 reach 25.9, which is a slight increase. However, the country remains well below the EU average. The conclusion is that despite slight improvements, Bulgaria must work to develop the business environment in order to attract foreign investments.
On Friday, the lowest temperatures will be between 6 and 11°C. In Sofia it will be around 8°C. In the morning hours visibility will be reduced in the plains. Before noon in most of the country it will be sunny. In the afternoon,..
At a meeting with acting Prosecutor General Borislav Sarafov, relatives of those killed in accidents once again demanded a faster trial and harsher punishments for those convicted. Parents from the “Angels on the Road”..
One hundred days after the start of its work, the government of Rosen Zhelyazkov enjoys the approval of 19.2% of Bulgarian citizens, while 66% of them express a negative attitude, according to data of sociological agency "Myara"...
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The full accession of Bulgaria and Romania to the Schengen area is strengthening the European Union's economy significantly. This is stated in a report..
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