The European Commission has recommended that by 2020 Bulgaria improve tax collection and the management of state-owned companies.
The country should ensure stability of the banking sector, reinforce supervision and the adequate evaluation of assets including bank guarantees.
The recommendations include effective supervision and combatting money laundering, the reinforcement of the non-bank financial sector and more stability in motor insurance.
Brussels urges Sofia to invest in research and innovations, in the development of transportation, energy infrastructure and efficiency, with a view to the regional inequalities, and to improve the business environment and social policy
The seaside town of Chernomorets celebrates its holiday on St. Nicholas Day. Saint Nicholas is revered as the patron saint of fishermen and sailors. Every year on this date, a procession is organized with the miraculous icon of..
"Fish is abundant in Bulgarian Black Sea waters. Moreover, fish processing is at a very high European level." This is what Dr Yordan Gospodinov, Executive Director of the BG Fish Products Producers Association and Chairman of the Black Sea Advisory..
On Friday morning, visibility will be reduced in the plains. There will be rainfalls in the northern regions of the country, as well as in some places in the southwestern regions. There will be light wind, which will subside in many areas in..
The government of the Netherlands is proposing the kingdom to agree to Bulgaria's accession to Schengen by land, BNR has learned. The..
On Thursday temperatures will range from 1 to 5°C, with a low of 2°C in Sofia. In the morning, visibility may be reduced. The day will be cloudy. There..
Ice Park, the biggest ice rink on the Balkan peninsula, is in Sofia. The new park stretches over 11,000 sq. m., with an ice surface totalling 4,000..
Scattered showers
Overcast, rain
Cloudy