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.
Most unemployed people in Bulgaria do not have a professional qualification, the Employment Agency reports. For just a year, the number of people without special skills increased by 8% and is nearly 87 thousand. The data also..
Bulgaria is in second place after Cyprus in the ranking of forest fires in Europe in 2024, according to the European Forest Fire Information System. About 600 forest fires break out in this country every year, affecting..
The nine-year-old boy, who was seriously injured in an accident with a cleaning machine on the central beach in Sozopol, has stable parameters, "Pirogov" reported. The child was transported by air from Burgas and underwent diagnostic..
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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