The European Commission has presented its specific recommendations for the economic policies of member states, including Bulgaria, within European Semester 2017. It is expected that Sofia will respect the Stability and Growth Pact both in 2017 and in 2018, which sends a positive signal to investors.
In order to achieve sustainable economic growth and to improve the standard of living of Bulgarian citizens, Bulgaria is urged to accelerate its structural reform program. The EC takes note of the progress made in strengthening the banking system, but believes that more work is needed to overcome the remaining weaknesses in the financial sector, such as the high level of bad loans.
According to the EC, improving tax collection and compliance with tax legislation, as well as reducing the size of grey economy are measures that can increase the attractiveness of the Bulgarian economy and its credibility.
The synoptic situation becomes more complicated next day . There will be short and at times heavy rain showers in the western part of Bulgaria during the night and in the rest of the country during the day. Winds will be moderate, at times strong, and..
For the first time Bulgaria has a specific deadline for joining the Organisation for Economic Co-operation and Development (OECD), caretaker Premier Dimitar Glavchev told journalists after a meeting with OECD Secretary-General Mathias Kormann. The two..
Thousands of Bulgarians took part in the national commemoration in the historic area of Oborishte in the Pazardjik region , where the first session of the first Bulgarian National Assembly was held in April 1876. Its deputies decided to proclaim the..
30% of the hotels in the Black Sea resort of Sunny Beach open in the beginning of May. These are mostly high-class hotels for which reservations have been..
A decision of the government from its meeting on April 30 to give the green light to the construction of a private general hospital..
In May, natural gas will cost 54.70 Leva (EUR 27.93) per MWh, excluding the cost for access, transit, excise and VAT, the Energy and Water Regulatory..
Thunderstorms 
Rain
Occasional showers