Bulgaria ranks 36th in the 2020 Index of Economic Freedom of the Heritage Foundation. Bulgaria’s economic freedom score is 70.2. Its overall score has increased with 1.2 point due to the increase in the score for government integrity. Bulgaria is ranked 19th among 45 countries in the Europe region and its overall score is just above the regional average and well above the world average. Bulgaria has been making steady progress in economic freedom for more than a decade and this year its economy has finally entered the ranks of the mostly free. Improved economic freedom has been tracked closely by steady and healthy GDP growth during the past five years, the Heritage Foundation underlines.
The standard of living in Sofia and some larger cities in Bulgaria is high. However, more attention should be paid to the regions of the country that are significantly lagging behind in terms of income, economist Georgi Vuldzhev has..
The formation of the next aid package for Ukraine is at the final stage and it can be submitted to the Council of Ministers today, said caretaker Minister of Defense Atanas Zapryanov, who participated in a conference on the occasion of..
The return of the second mandate was not unexpected, deputy chairman of the BSP Kristian Vigenin said. According to him, forming a government within the framework of the 50th parliament is increasingly difficult to achieve. However,..
On Sunday a cold front will sweep across the country from West to East. There will be clouds and, in the afternoon, brief showers, thunderstorms and..
A state of emergency remains in force in seven villages in the border municipality of Bolyarovo. The fight against the fire at the village of Voden..
A fire has started in Greece a kilometre and a half from the Bulgarian border and is slowly moving towards it. The fire is located in an extremely..
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