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.
Bulgarian politicians and institutions have condemned the assassination attempt on Donald Trump. "We are deeply shocked by the horrific attack on former President Donald Trump during a campaign event. We express condolences to the victim and..
Our country is at real risk of losing funds under the Recovery and Resilience Plan, European Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova said for bTV. In her words, the political situation in the country..
Seven fires are burning in forest areas in the districts of Plovdiv, Haskovo, Kyustendil and Yambol, the Executive Forests Agency said. In Hisarya Municipality, volunteers are being recruited to combat the fire in the villages of Mihiltsi and..
Sunday will be sunny and hot. There will be a light, in the Eastern parts to moderate wind from the East-Northeast. Maximum temperatures 35-40° C.,..
Pomorie on the Black Sea is, once again, inviting jazz and classic cars fans to the festival Anhialo Classic Cars & Jazz Fest , organized..
“No towns or villages are at risk from the fires that have broken out around the country,” Chief Commissioner Alexander Dzhartov, Director of the..
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