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.
The Bulgarian National Radio celebrates its 90th anniversary on January 25 with a gala concert with the participation of all ensembles of the BNR at the Sofia Opera. Before that, the Sirak Skitnik Award will be presented at a..
In the context of the efforts to release the Bulgarian citizens detained on board the Galaxy Leader ship, the Minister of Foreign Affairs of the Republic of Bulgaria, Mr. Georg Georgiev, paid a working visit to the Sultanate of Oman, where he met with..
On Saturday , the lowest temperatures will be between 0 and 5°C; in Sofia it will be around 0°C. During the day, it will be mostly sunny. In the morning hours cloudiness will still be significant in the eastern regions, but in the..
"I categorically want to put an end to all insinuations that Bulgaria is abandoning its goal of joining the Eurozone within the next year", said..
Personnel and military equipment will be transported through the territory of Bulgaria between January 24 and February 9. The Ministry of Defense..
In a statement on behalf of "We Continue the Change – Democratic Bulgaria", MP Martin Dimitrov stated that the ''first action of the new government is..
Partly Cloudy
Cloudy
Mostly Cloudy