In 2020 Bulgaria undertook anti-crisis policies which cost 6.7% of the country’s GDP in 2019, the average European spending being 14.3%, indicates an analysis by the Institute of Social and Trade Union Studies of the Confederation of Independent Trade Unions in Bulgaria.
Romania is the only country to have spent less at 4% of its GDP. Portugal, Slovakia and Estonia have spent approximately the same amounts as Bulgaria.
Data show that Bulgaria’s economy policy, though correct and expressed in very specific measures, is by far more conservative than the measures indertaken by the other EU member countries. This is strange, because Bulgaria has no government debt problem or chronic deficit, as most other EU countries do, the analysis comments.
Bulgarian students have won 4 medals at the International Chemistry Olympiad in Saudi Arabia , held from 21 to 30 July. They won one gold, one bronze and two silver medals. The gold was won by 12th grader Victor Lilov , the Science Olympic..
Tsar Assen village in the region of Silistra marks Gardeners’ Day today, dedicated to the efforts of all gardeners and farmers who help put food on the table. By a tradition, dozens of fruit and vegetable growers from the region will present..
The parliamentary group of ITN announced that today it is starting negotiations with the other political forces and independent MPs within the framework of the 50th National Assembly, after receiving the third and final exploratory mandate to form..
It will be sunny on Monday. Clouds will form over the northern, central and northeastern parts of the country in the afternoon and the evening with a..
The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join..
On Tuesday there will be sun and temperatures will be high in the Western part of the country. Over Eastern Bulgaria there will be clouds and,..
Partly Cloudy
sunshine, cloud, rain and thunder
Mostly Cloudy