“We are a guarantee of stability in the region,” caretaker Prime Minister Dimitar Glavchev states in an address to the Vienna Economic Forum - Sofia Meeting, 2024, the Bulgarian news agency BTA reports.
“We are faced with challenges which come as a consequence of the pandemic and the encapsulation of the world, of armed conflicts with a serious effect on the economy,” Dimitar Glavchev says in a written address. Bulgaria’s membership of the Organization for Economic Cooperation and Development is a priority which will ensure regional stability. Bulgaria must accelerate the process of integration of the countries of the Western Balkans in the EU. This is of prime importance for exploiting fully the potential of the bilateral agreements with our partners from the Western Balkans. The efforts should focus on building the missing infrastructure and energy connectivity, the address reads further.
Bulgaria will receive €65.2 million from the EU for a project to reinforce the electricity grid to better support the integration of renewable energy, the European Commission said in a statement. The money is part of a total of nearly €3 billion..
Bulgaria ranks 58th out of 67 countries in the World Competitiveness Yearbook of the Institute for Management Development (IMD), Switzerland. The country has shown a lack of progress since 2021 and dropped 10 positions compared to 2020 and 20..
According to data from the National Statistical Institute, Bulgaria experienced a monthly inflation rate of -0.2% in May 2024 . Year-on-year inflation from May 2024 compared to December 2023 stands at 0.4%, while the average annual inflation rate for the..
Andrey Gyurov will cease to perform his duties as Deputy Governor in charge of the Issue Department and Member of the Governing Council of the Bulgarian..
The caretaker government has instructed Deputy PM and Minister of Finance Lyudmila Petkova to submit, by 11 September, a proposal for amending the..
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