In the latest ranking of the Heritage Foundation, Bulgaria placed 47th in the world when economic freedom is concerned. This country falls into the group of moderately free economic countries together with Cyprus (48th), Turkey (60th), Albania (65-th place), Montenegro (83rd place) and Bosnia and Herzegovina (92nd place).
In the analysis for Bulgaria the foundation writes that competitive flat tax and the system of open trade encouraged private sector development, while the financial sector showed relatively high levels of durability. Public finance management was good and the public debt was still among the lowest in the region, while the budget deficit continued to decline.
However, "Heritage" voices criticism over insufficient institutional reforms that are particularly needed for judicial efficiency.
Bulgaria’s caretaker Minister of Foreign Affairs Ivan Kondov met in the United States with John Bass, Acting Under Secretary of State for Political Affairs. The two countries agreed that the next session of the strategic dialogue between Bulgaria and..
300 women and 96 men can share memories of Bulgaria from the last 100 years. The highest number of centenarians is in Sofia, indicate data from the National Statistical Institute on the occasion of October 1- the International Day of Older Persons...
Four Bulgarian MEPs will be part of the delegation to the EU-North Macedonia Joint Parliamentary Committee, the European Parliament announced. The Bulgarian representatives in the delegation to the EU-North Macedonia Joint Parliamentary Committee are..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
''The second evacuation flight from Lebanon will be carried out today around noon, provided the circumstances are favorable'', caretaker Premier Dimitar..
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