“The fragmented results (of the election) may make it difficult for any party to form a government. (…) The next government faces an array of policy challenges, including mitigating the health and economic impacts of the Coronavirus Disease 2019 (COVID-19) pandemic, addressing public pressure to tackle corruption and organized crime, and managing Bulgaria’s external relations amid escalating tensions in the Black Sea region. (…) The U.S. State Department’s 2020 Investment Climate Statement for Bulgaria describes corruption as “endemic, particularly on large infrastructure projects and in the energy sector” and “in public procurement and use of EU funds.” The influence of oligarchs and criminal groups over some decisionmaking processes and state institutions also is a concern.(…)
Bulgaria’s location gives it strategic importance for an array of U.S. security concerns about Russia, the Black Sea, and conflicts in the Middle East,” reads a US Congressional Research Service Bulgaria overview report.
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security of supply . This was stated by Energy Minister Zhecho Stankov at the Energy Summit, organized by the..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President Rumen Radev at a meeting with the Ambassador of Vietnam Do Hoang Long . The meeting was also..
The prospects for developing the significant potential of tourism in Bulgaria were discussed at a meeting between the Bulgarian Head of State Rumen Radev and the Secretary-General of the UN World Tourism Organization Zurab Pololikashvili. The..
According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka..
On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around..
“There is no change, Bulgarian troops are not going to be sent to Ukraine,” said PM Rosen Zhelyazkov in a comment about the meeting between US..
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