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.
The fire at a landfill in the village of Tsalapitsa near Plovdiv has been completely extinguished, but a team of fire-fighters with equipment remains there, Plovdiv Mayor Kostadin Dimitrov announced. The air quality indicators..
On Sunday the weather will be predominantly sunny over most of the country. Cumulus clouds will form before midday over the Southeasternmost regions where there will be occasional showers. In the afternoon cumulus rain clouds will form over..
A 9-year old boy with multiple injuries has been airlifted from Burgas to Pirogov emergency hospital in Sofia by a Spartan aircraft. The boy got stuck inside the hydraulic drum of a beach cleaning machine on the central beach in Sozopol...
Caretaker Prime Minister Dimitar Glavchev stated that he will accept a proposal to be caretaker PM again if President Rumen Radev assigns him this..
A new flare-up of the big wildfire on the Greek side of Slavyanka mountain has crossed the border into Bulgaria, extending the perimeter of the fire..
The exhibition "Tales of Gold and Silver" of the National History Museum, prepared for the 100th anniversary of the State Cultural..
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