The European Commission has presented its specific recommendations for the economic policies of member states, including Bulgaria, within European Semester 2017. It is expected that Sofia will respect the Stability and Growth Pact both in 2017 and in 2018, which sends a positive signal to investors.
In order to achieve sustainable economic growth and to improve the standard of living of Bulgarian citizens, Bulgaria is urged to accelerate its structural reform program. The EC takes note of the progress made in strengthening the banking system, but believes that more work is needed to overcome the remaining weaknesses in the financial sector, such as the high level of bad loans.
According to the EC, improving tax collection and compliance with tax legislation, as well as reducing the size of grey economy are measures that can increase the attractiveness of the Bulgarian economy and its credibility.
An emergency epidemic situation will not be introduced in the country due to the spread of pertussis (whooping cough), as this is not necessary. This was announced by the chief state health inspector, Assoc. Prof. Angel Kunchev...
With the votes of GERB-SDS and PP-DB, the parliament rejected the request for a debate on the report of the temporary committee to investigate corruption practices in the "Customs" Agency and the possible role of the former finance..
Hail storm caused huge damage in the regions of Plovdiv, Haskovo, Stara Zagora and Sliven. No people were injured but crops in many places were destroyed . The villages of Banya, Samuilovo, Zetiovo, Gita, Svoboda and Shivachevo..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with..
Bulgaria will assist Ukraine in the process of rebuilding its energy infrastructure. This was announced after a meeting between Bulgaria’s Energy..
Nearly 400 cases of pertussis (whooping cough) have been registered in the country. We are at the beginning of a nationwide epidemic, Chief State Health..
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