The national priorities must be Schengen membership by the end of this year, entering the Eurozone by January 2025 and the Organization for Economic Cooperation and Development (OECD) by 2026, said the Bulgarian Industrial Capital Association (BICA). Employers expect MPs to elect a National Assembly speaker and a regular cabinet and adopt a regular budget, BICA President Vasil Velev said for the BNT. BICA calls for reducing the costs for administration, which increased with 112% as compared to 2019. According to BICA, social spending also increased too much.
“If nothing changes, there will be a budget deficit of about 7%. If our goal is to have a 3% deficit, our GDP has to be twice as big, which cannot happen in the next 5 or 6 years”, Vasil Velev said.
Bulgarians set foot on Smith Island in Antarctica for the first time. In a very short time window with good weather conditions, on January 10, 2025, the research ship “Sts. Cyril and Methodius” made a trip to Smith Island. At 2:30..
We always have to be ready; we all have our suitcases packed and are waiting to leave. We are going south to friends, acquaintances or a hotel. We all make plans where to go. This was what Bulgarian Liya Atanasova, who lives in Los..
The probability of forming a government is 50%. I said this before the New Year and I still think so today, as the percentages have not increased. This was what the Speaker of the Parliament, Natalia Kiselova, told bTV. At the..
President Rumen Radev will hand over the first exploratory mandate to form a government on Wednesday January 15 at 12 noon, the head of state's press..
An analysis by experts from the Confederation of Independent Trade Unions in Bulgaria (CITUB) shows that the cumulative growth of inflation (measured by..
On Tuesday, the cloudiness will still break and decrease from the north , it will be mostly sunny in Northern Bulgaria . Overcast skies are expected..
+359 2 9336 661