Bulgaria is in 53rd position out of 64 countries in the Global Competitiveness Yearbook 2021 of the Swiss Institute for Management Development (IMD), dropping 5 positions compared to 2020 and 15 compared to 2009.
The principal challenges Bulgaria’s competitiveness faces are political instability, slow vaccination rate, limited access to e-government, slow energy transition and high energy costs to businesses. Other problem areas include quality of university education, brain drain and low spending on scientific activity and research and development as well as durable problems in administration and corruption.
743.42 EUR is the living wage for a worker in Bulgaria. This is shown by CITUB data for the first quarter of the year. The minimum sum needed for a three-member family (two working people and a child up to 14 years of age) is EUR 1,337.54 For three..
Due to the ongoing military actions in Israel, the Holy Synod of the Bulgarian Orthodox Church has decided that this year a representative of Bulgaria will not travel to Jerusalem for the transfer of the Holy Fire to Bulgaria. This was announced by..
А гrowth of 24% is reported in the number of mortgage loans in Bulgaria for the first quarter of the year, said credit consultant Tihomir Toshev in an interview with BNR. According to him, this is a record increase after 5 consecutive quarters of..
The Bulgarian Parliament has finally postponed the liberalisation of the energy market for one year, starting from 1 July. The decision was taken with..
Nearly 400 cases of pertussis (whooping cough) have been registered in the country. We are at the beginning of a nationwide epidemic, Chief State Health..
The National Assembly removed its chairman Rosen Zhelyazkov from office. His dismissal was proposed by We Continue the Change - Democratic Bulgaria,..
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